Before the ads of tariff increases to various markets proposed by the president of the United States, Donald Trumpfrom the Federal Reserve (Fed) They anticipate that these policies will have an inflationary effect. Jerome Powell, head of the Fed, said that “most likely” is that inflationary blows are seen in the economy with the tariffs […]
Tag: Fed
US GDP is still solid while inflation accelerated at the end of 2024
The American economy It grew at a healthy pace, but inflation accelerated more than was initially estimated at the end of 2024. He Gross Domestic Product (GDP) increased at an unpaid annualized rate of the 23% In the fourth quarter, according to data from the Office of Economic Analysis (BEA) published on Thursday. The main […]
Fed’s hierarchy is said “more cautious” about the fight against inflation in the US.
The struggle of the Federal Reserve (Fed) Against inflation is threatened by growing pessimism about its ability to keep consumer prices under control, said a senior US central bank official on Thursday. In a speech on Thursday in the state of Virginia, the president of the Fed cell in Kansas, Jeff Schmid, said he reduced […]
Inflation in the US rises to 3% in January and Trump blames Biden
Inflation rose to 3% in January USAaccording to official figures published on Wednesday, a rebound that the president Donald Trump attributed to the policies of his Democratic predecessor Joe Biden. The Consumer Price Index (CPI) rose to 3.0% in twelve months in January, in a slight increase with respect to 2.9% of December, the Labor […]
High Fed officials share skepticism about the need for more cuts in 2025
The president of the Bank of the Federal Reserve Dallas, Lorie Logan, said that interest rates could already be close to a neutral level, which could ignore the need for more cuts even if inflation continues to cool. “What if inflation was approaching 2% in the coming months?“, asked Logan in comments prepared for an […]
Powell: “Time has come” for first US interest rate cut
The president of the Federal Reserve (Fed, American central bank), Jerome Powellopened the door this Friday to a first interest rate cut at the organization’s next meeting in September, news long awaited by the markets. “The time has come for a policy adjustment“monetary,” he said Powell during his traditional speech at the meeting of central […]
China, US hold new round of dialogue on financial issues
Delegations of China and USA The Chinese government and the Chinese government met last week in the eastern metropolis of Shanghai to hold the fifth meeting of the joint financial working group, the Chinese government said on Monday. People’s Bank of China (BPC, central bank) in a statement. The document describes the meetings as “professional, […]
Rate cuts in sight? Fed official sees “positive” inflation data but needs more
The president of the Bank of the Federal Reserve New York’s John Williams said the inflation data The recent developments have been encouraging, but he wants to see more evidence in the coming months that will give him the confidence to reduce borrowing costs. In an interview with the Wall Street Journal published Wednesday, Williams […]
Yellen agrees with Powell that labor market is now less inflationary
Treasury Secretary Janet Yellen said the labor market is no longer driving inflation in the U.S. economy to the extent it did early in the pandemic recovery, in comments consistent with remarks made earlier by the president of the U.S. Treasury. Federal ReserveJerome Powell. The labor market was “initially very tight” during the post-pandemic rebound, […]
Fed: Powell acknowledges progress in inflation and relies on similar data to lower rates
Federal Reserve Chairman, Jerome Powellwelcomed the recent inflation data on Tuesday and stated that if they continue to arrive good data It will become clearer when to lower interest rates. Powell said “more positive data“would strengthen confidence that inflation is falling toward the U.S. central bank’s 2% target and that recent readings point to”a modest […]