The Federal Reserve of USA is “fully conscious” of the challenges that inflation poses to the economy and is “firmly committed” with its target of 2% price increases, the central bank said on Friday in its latest semi-annual report to Congress on monetary policy and the economy. While largely a retrospective summary of economic developments […]
Tag: Fed
Bostic of the Fed is in favor of raising rates a quarter point to limit risk to the economy
The effect of higher US interest rates on the economy could begin to be felt in earnest this spring, an argument for the Federal Reserve to stick with “steady” quarter-point rate hikes, the bank said on Thursday. Atlanta Federal Reserve President Raphael Bostic. “I am still of the opinion that the proper course of action […]
Fed officials debate between more hikes or longer after January inflation
The authorities of the Federal Reserve of USA They were divided on Wednesday on whether recent high inflation data and a stubbornly hot job market will call for further tightening of interest rates, or simply keeping monetary policy tighter for longer. At a business event, Minneapolis Fed President Neel Kashkari said he was leaning “to […]
After a gloomy February, markets could experience the madness of March
Crazy March? After a euphoric January and a gloomy February, in which fixed income and equities plummeted as expectations of increases in interest ratesworld markets could undergo new oscillations. The 10-year US Treasury yield is about to end February up about 40 basis points for the month, its biggest monthly jump since September. In Europe, […]
Barclays and NatWest believe the Fed will increase the pace of rate hikes in March
Economists at UK banks Barclays and NatWest believe that the Federal Reserve The US could pick up the pace of interest rate hikes in March, rising by half a point, following Friday’s data from a key inflation gauge. natwest said on Friday that it also expects increases of 25 basis points in the May and […]
Fed officials keep interest rate cap options open
The Federal Reserve will need to continue gradually raising interest rates to beat inflation, two central bank officials said on Tuesday. USA, by warning investors that the costs of credit may ultimately have to rise more than estimated. “We must remain prepared to continue raising rates for a longer period than anticipated, if that avenue […]
Wall Street draws plans for different inflation scenarios
Whether the peace can last will depend a lot on Tuesday’s consumer price index. Consensus is growing that a softer reading is likely to reinvigorate the new year’s rally in stocks, while something stronger could extend last week’s selloff in risky assets. Stocks and bonds have risen sharply since October, when inflation reversed a two-year […]
Do you see a crisis in the American market?
Jerome Powellpresident of the Federal Reservefaces one of the greatest challenges of his administration: to reduce inflation that ended last year at 5.1% until reaching the goal of 2%, without leading the US economy into a recession. Why is a problem? We must understand that the central bank’s tool to control inflation is to raise […]
Fed’s Waller Says Cryptocurrency Buyers Could Lose Their Entire Investment
The Governor of the Federal Reserve, Christopher Wallerwarned on Friday those who participate in assets of cryptocurrency that they could lose their investments, and banks that must protect themselves from malicious agents and risks to the Finance system. In recent months, the cryptocurrency industry has been rocked by massive losses for investors, bankruptcies of cryptocurrency […]
World Bank reform to begin in April, says US Treasury secretary.
The reform of world Bank (WB), which would better meet the financing needs of developing countries, would begin in April, the Secretary of the Treasury of USA, Janet Yellen. “The first phase of implementation should start at the spring meetings of the World Bank and the International Monetary Fund (IMF) in April,” Yellen said during […]