The Federal Reserve of the United States on Wednesday improved its economic projections for this year in the country and the members of its federal open market committee, the one that decides on monetary policy, now calculate a growth of the Gross Domestic Product of 1%, six tenths above its March forecast. However, they have […]
Tag: Fed
United States: Federal Reserve halted interest rate hikes for the first time in 15 months
With information from AFP/EFE The United States Federal Reserve (Fed) decided to stop the increase in interest rates for this month, which since March 2022 has been raised 10 times in a row to fight inflation. It is worth noting that rates will remain between 5% and 5.25%, their highest value since mid-2007. The Fed […]
Federal Reserve takes a break and decides not to raise interest rates in the US.
The US Federal Reserve (Fed, central bank) kept its reference interest rates stable this Wednesday at 5-5.25%, in the first pause in its monetary adjustment since March 2022, although it expects new increases between now and the end of the year. The Fed thus decided to take a break and will not raise interest rates […]
Fed debates between continuing to raise rates or taking a breather
The members of the Federal Open Market Committee of the Federal Reserve Americans begin a meeting on Tuesday in which they will decide if the ten rate increases carried out in the last year are enough or if it is necessary to continue raising them. While on previous occasions the rises were expected by most […]
Market expects Fed to pause rate hikes
A pause in monetary tightening? The Monetary Committee of the Federal Reserve meets this week and could, for the first time since March 2022, maintain its benchmark interest rate to avert the risk of a recession, despite inflation that remains strong. “I think we will see a pause next week,” Lydia Boussour, an economist at […]
Bullard: Disinflation prospects ‘good’ but not guaranteed
The president of the Bank of Federal Reserve of St. Louis, James Bullard, one of the first officials of the central bank of USA who was in favor of rapidly raising interest rates to curb rising inflation, expressed moderate optimism on Friday regarding the results of the hikes. “Monetary policy is now at the lower […]
Fed will pause in June and could raise rates in July after employment data, according to survey
Federal Reserve policymakers are likely to keep interest rates unchanged when they meet this month, but will leave the door open for a hike in July, following a government report that showed employment rose in May but wage gains cooled. Traders now see a one in three chance that the Fed will raise rates for […]
Fed’s Bowman: Housing market rebound could influence fight against inflation
An apparent rebound in the residential housing market could affect the Federal Reserve’s inflation-fighting home prices.”leveling off” even as the bank awaits the impact of falling rents on headline inflation data, Fed Governor Michelle Bowman said Wednesday. “We expect the decline in rents to eventually be reflected in the inflation data as new leases enter […]
Fed estimates that the United States would enter a slight recession at the end of 2023
The Federal Reserve of the United States (Fed) foresees that the US economy could enter a slight recession in the last stretch of the year. According to the minutes of the last Federal Reserve meeting published this Wednesday, projections point to a slowdown in the US economy over the next two quarters, entering a recession […]
Fed’s Kashkari Warns Bank Troubles Not Over
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkariwarned that although it may seem that the worst of the banking sector tensions is over, history shows that more problems cannot be ruled out. “It is too early to say that everything is behind us” and argue that actions by the Fed, Treasury and […]