The president of the Federal Reserve Richmond’s Thomas Barkin said Tuesday that the lender still has time to decide its next interest rate move as anecdotal data points to an economy that is slowing amid a trend in cooling inflationary pressures. . “I see an economy that is much further along the path to normalizing […]
Tag: Fed
US industrial production takes flight and registers an increase of 0.3% in September
The industrial production of USAwhich had stagnated in August (0%), grew again in September, 0.3%, although in one year it has advanced the least, 0.1%, according to data published this Tuesday by the Federal Reserve ( Fed). The greatest increase in industrial production occurred in construction, which grew by 1%. The production of consumer goods […]
Yellen: higher interest rates could persist in the US
The Secretary of the Treasury of the United States, Janet Yellensaid higher interest rates could persist, while insisting that the U.S. economy is “in a good place”. The interest on the US debt, which represents 98% of economic output, “still manageable“, said Yellen on Monday in an interview with Sky News. “Higher interest rates may […]
Morgan Stanley: S&P 500 will rise in the fourth quarter despite adverse factors
It is more likely that there will be a rebound in S&P 500 in the fourth quarter of 2023 than the one that does not exist, Michael Wilson, from Morgan Stanley. Wilson and other strategists said most investors believe in a possible rebound if current levels hold in the near term, despite lingering concerns about […]
Expectations increase for FED rate hike after US inflation data
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The performance of the US treasury bonds rose on Thursday, after news that consumer prices in the world’s largest economy exceeded forecasts, suggesting that the Federal Reserve could raise the interest rates once again this year. Consumer prices in USA They rose in September due to rising rent and gasoline costs, although core inflation slowed, […]
The Federal Reserve will continue “working” to reduce inflation, according to Waller
The governor of the Federal Reserve, Christopher Wallerreiterated on Tuesday the US central bank’s determination to reduce the inflation to its 2% target, but did not comment on the economic outlook or offer an opinion on the best immediate course for the monetary politics. “Price stability is a primary responsibility of the Federal Reserve”Waller said […]
Fed’s Perli says much remains to be done to reduce balance sheet
The United States Federal Reserve is nowhere near the point at which it will have to slow or stop the process of shrinking its balance sheet and it remains unclear when the appropriate time will be, the Fed’s head of monetary policy implementation said on Tuesday. NY. “We remain aware of the risks and uncertainty […]
Fed’s Bowman says raising rates again will probably be appropriate
The governor of the Federal Reserve, Michelle Bowmanreiterated on Saturday his view that inflation remains too high despite “considerable” progress in reducing it, and that the central bank US will probably have to tighten monetary policy further. “I hope it is appropriate that the Federal Reserve raise rates further and keep them at a restrictive […]
Fed says there is no “urgency” to raise rates, but cuts are still far away
There is no urgency for the Federal Reserve re-upload your interest rate official now that the economy is slowing and inflation is falling, but it will probably pass “a long time” before it is appropriate to cut it, the president of the entity in Atlanta, Raphael Bostic, said Tuesday. “I am in no hurry to […]
US economy continues to overcome pandemic impact, says Fed’s Powell
The American economy continues to deal with the fallout from the COVID-19 pandemic, the chairman of the Federal Reserve said Monday, Jerome Powellduring a meeting with community and business leaders in York, Pennsylvania. “We are still getting through the other side of the pandemic“, he claimed Powellpointing out the labor shortage in the health sector, […]