San Francisco Federal Reserve (Fed) President Mary Daly said she expects the Fed will have to raise interest rates at least four times this year, and probably more, to stem the acceleration of inflation and better align demand with supply. “Inflation is too high and the monetary policy rate is too low”, he said at […]
Tag: Fed
Analysts urge to pay more attention to the Fed than in Ukraine
Tensions in Ukraine have markets on edge. Stocks are swinging, oil is approaching $100 a barrel, and uncertainty hangs over investors big and small. In the end, this could be more of a short-term headache than a long-term drag. At least, that is the view of analysts on both sides of the Atlantic trying to […]
Strong inflation in the United States would put the credibility of the Fed at stake
The strong inflation in U.S it puts at stake the credibility of the Federal Reserve (Fed, central bank), which must raise its interest rates to combat inflation without disturbing the financial markets, one of its officials indicated on Monday. “Our credibility is at stake here,” James Bullard, president of the Saint Louis branch of the […]
BofA Strategists Warn of Fed Hikes in Expensive Market
Updated on 02/13/2022 03:06 am Optimists who expect the stock market to ride out the rate hike cycle as it has in the past are missing an important detail, according to strategists at Bank of America Corp. Although the actions of U.S posted positive returns during previous periods of rate hikes, the key risk this […]
Inflation in the US suggests a strong rate hike by the Fed in March
The unexpected rise in consumer prices in U.S last month has reinforced the view that the Federal Reserve (Fed) it is late in the fight against the highest inflation since the early 1980s, and that it needs to take quick action to start making up lost ground. Investors have raised their bets considerably that the […]
US household debt rose by $1 trillion in 2021, the biggest rise since 2007
In 2021, the consumers Americans increased their indebtedness at the fastest rate in the last 14 years, as they took out more loans to buy houses, cars and other increasingly expensive goods, according to a report published by the Federal Reserve (Fed) from New York. Total household debt grew by $1 trillion last year, the […]
Bets rise on higher Fed hike in March after employment data
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Traders in the US swap market increased bets that the Federal Reserve will raise interest rates by 50 basis points in March, and January’s strong jobs report stoked speculation that the central bank is ready to go. to act aggressively to cool down the economy. Overnight rate swap pricing tied to Fed meeting dates indicates […]
Fed Nominees Back Inflation-Fighting Agenda
Updated on 02/03/2022 06:24 pm Containing inflation in the United States, which is at its highest level in decades, must be a priority for the Federal Reserve (Fed), since people “suffer” by rapidly rising prices, said President Joe Biden’s nominees for the central bank’s Board of Governors. While the Fed has a dual mandate to […]
US: Fed’s Bullard Sees Rate Hike Now, Assess Situation Later
Saint Louis Federal Reserve (Fed) President James Bullard declared that he is in favor of raising interest rates at the US central bank meeting in March and probably again in May. However, he opposed the idea of starting the tightening cycle with a half percentage point hike, saying the level the Fed will ultimately need […]
How many rate hikes will the Fed make? wall street is divided
Updated on 02/01/2022 06:04 am Major Wall Street banks are divided on the speed and magnitude of the Fed’s rate hikes, after its chairman Jerome Powell signaled it could be more aggressive than anticipated to fight stronger inflation. of the last four decades. With Powell refusing to give specific guidance on what the Fed might […]