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Tag: Fed

Powell: there will be no rate reduction until we have “greater confidence” about inflation

Powell: there will be no rate reduction until we have “greater confidence” about inflation Powell: there will be no rate reduction until we have “greater confidence” about inflation

The president of the Federal ReserveJerome Powell assured this Wednesday at the end of the meeting that decides the course of US monetary policy that there will be no reduction in interest rates from the current level to “that there is no greater confidence that the inflation moves sustainably towards 2%”. Powell spoke after his […]

Fed maintains rates and its managers foresee only one cut this year: the new dot plot

Fed maintains rates and its managers foresee only one cut this year: the new dot plot Fed maintains rates and its managers foresee only one cut this year: the new dot plot

The Federal Reserve (Fed, central bank) USA As expected, it kept its rates at 5.25%-5.50% this Wednesday, and its managers point to a single interest rate cut this year. At the end of their two-day meeting, the Monetary Policy Committee (FOMC) also revised upwards its inflation forecast for both 2024 and 2025, to 2.6% and […]

Fed could announce fewer rate cuts due to persistent inflation

Fed could announce fewer rate cuts due to persistent inflation Fed could announce fewer rate cuts due to persistent inflation

The officials of the Federal Reserve They could make official on Wednesday what has been clear for many weeks: since inflation remains above the 2% target, they will reduce their forecast for cutting interest rates. In a series of quarterly economic forecasts they will issue after their most recent meeting ends, policymakers are expected to […]

US inflation cools in encouraging sign for the Fed: How much did it fall?

US inflation cools in encouraging sign for the Fed: How much did it fall? US inflation cools in encouraging sign for the Fed: How much did it fall?

A key measure of underlying inflation USA fell for a second month in May, an encouraging surprise for Federal Reserve (Fed) officials looking for signs that they can begin to lower interest rates. The Consumer Price Index (CPI) of the United States fell one tenth in May to 3.3% compared to April’s data, meaning that […]

Fed begins monetary policy meeting

Fed begins monetary policy meeting Fed begins monetary policy meeting

The Federal Reserve American began its monetary policy meeting this Tuesday, after which it will not modify its rates, according to market expectations, but will present an update of its forecasts for the world’s largest economy. The meeting of the Monetary Policy Committee (FOMC) “started at 10:30 a.m. local time (2:30 p.m. GMT) as planned“, […]

Fed decision highlights this week’s economic agenda

Fed decision highlights this week’s economic agenda Fed decision highlights this week’s economic agenda

The United States Federal Reserve makes a decision this Wednesday on interest rates, currently in the range of 5.25-5.5%, the same day that US inflation data for May is published. These are the keys that will mark the week in America: Monday 10 Apple’s CEO, Tim Cook, will give the opening speech at the apple […]

“We need true national entrepreneurs, not short-term financiers”

“We need true national entrepreneurs, not short-term financiers” “We need true national entrepreneurs, not short-term financiers”

—Do you agree that there is a loss of technical management of the economy? —It is a sterile and banal discussion. We must abandon those antagonistic visions; Likewise, overcome the fiscal dominance that existed until the beginning of the nineties and the monetary dominance that followed later. The BCRP should worry not only about inflation […]

Inflation remains stable in April in the US: will it be enough for the Fed?

Inflation remains stable in April in the US: will it be enough for the Fed? Inflation remains stable in April in the US: will it be enough for the Fed?

inflation in USA It remained stable in April, a relief for Americans after the rebound at the beginning of the year that instilled in the markets the fear that high interest rates will continue for longer. The PCE index of inflationthe one preferred by the Federal Reserve (Fed, central bank), published on Friday, reported a […]

Fed notes rise in pessimism about US economic activity

Fed notes rise in pessimism about US economic activity Fed notes rise in pessimism about US economic activity

The Federal Reserve The US (Fed) confirmed this Wednesday that the general outlook for the country’s economic activity has become “somewhat more pessimistic”, amid reports of “growing uncertainty and greater downside risks.” This is how he summarizes it in his Beige Bookwhere it points out that energy activity remained largely stable, while the balance on […]

Mester says the Fed should better explain its members’ forecasts

Mester says the Fed should better explain its members’ forecasts Mester says the Fed should better explain its members’ forecasts

The president of the Bank of the Federal Reserve from Cleveland, Loretta Mestersaid the US central bank should study ways to better communicate to the public how economic conditions will affect future policy decisions. In a speech Tuesday in Tokyo, Mester recommended two key changes: adding more words to the Fed’s post-meeting monetary policy statement […]

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