The world’s major central banks, which were coordinating measures at the height of the pandemic, are preparing to tighten their monetary policies at very different rates, which is likely to increase the volatility of the market and the economy this year, several monetary authorities said. Central banks have launched unprecedented stimulus in recent years to […]
Tag: Fed
IMF: Kristalina Georgieva maintains that the Fed acts responsibly
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, stated that not only central banks must fight inflation, but that other policy makers have a key role to play, among other things, by promoting vaccination to end the COVID-19 pandemic. As reported by the Reuters agency, Georgieva said in a virtual IMF panel in […]
Yellen sees possible to curb US inflation to 2% by the end of 2022
Updated on 01/21/2022 12:00 pm Secretary of the Treasury U.S, Janet Yellen, judged it possible to reduce inflation to around 2% by the end of the year; a rate that is considered good for the economy. “I expect annual inflation to remain above 2% for much of the year,” he said. “But if we manage […]
BofA: Investors flock to stocks as Fed lags behind
Updated on 01/21/2022 11:30 am Investors pumped money into stocks and siphoned funds away from bonds and cash as global markets braced for higher interest rates, the weekly report showed. BofA. In the first 13 trading days of the year, compared to the same period in 2021, stock funds posted inflows of $52 billion versus […]
IMF’s Georgieva says Fed acts responsibly, fight COVID-19 also key
Updated on 01/21/2022 10:10 am The managing director of International Monetary Fund (IMF), Kristalina Georgieva, He stated that not only central bankers must fight inflation, but that other policy makers have a key role to play, among other things, by promoting vaccination to end the coronavirus pandemic. COVID-19. Georgieva told a virtual panel at the […]
Market and omicron risks pose a new challenge for the Fed’s policy turn
After drawing up a clear battle plan against inflation, the authorities of the Federal Reserve (Fed) from U.S now they must deal with new signs that the COVID-19 is slowing the economy, as well as with markets poised to tighten financial conditions faster than the central bank forecasts. The combination of economic data pushing in […]
When will the effect of monetary adjustments be felt?
By Mohamed El-Erian There is no doubt that developed countries will withdraw in the first half of 2022, albeit partially, the ultra-stimulant monetary policies that they have been applying in recent years. What is more important, though less certain, is when and how this will lead to a significant tightening of financial conditions and what […]
Biden considers it appropriate that the Fed recalibrate support for the economy
the president of U.S, Joe Biden, considered it appropriate that the president of the Federal Reserve (Fed), Jerome Powell, Recalibrate the support given to the economy during the pandemic. “We are going to do fundamental work to ensure that high prices do not take root,” Biden said at a press conference on the first anniversary […]
New York Fed President expects US inflation to slow this year
Updated on 01/14/2022 04:40 pm The wave of rising prices in the United States that has hit consumers in recent months should subside this year as supply and transportation problems are resolved, a senior Federal Reserve official said on Friday. ) New York Fed President John Williams said he expects inflation to fall to 2.5% […]
Joe Biden seeks to reshape the Fed with a historically diverse slate
The president of the United States, Joe Biden, proposed on Friday the former governor of the Federal Reserve (Fed), Sarah Bloom Raskin, for the key position of regulation of the Fed and two black economists -Lisa Cook and Philip Jefferson- to be part of its board of directors, in what would represent a historical demographic […]