Updated on 11/10/2021 03:22 pm The president of the Federal Reserve from San Francisco, Mary Daly, stated that he expects inflation to moderate once the COVID-19 backtrack, repeating that it would be “pretty premature” to raise rates now or even accelerate the Fed’s reduction in bond purchases. “Uncertainty forces us to wait and watch carefully,” […]
Tag: Fed
Biden reportedly interviewed Brainard for Fed chairmanship
Federal Reserve Governor Lael Brainard was interviewed for the top job at the U.S. central bank when she visited the White House last week, according to people familiar with the discussions, noting that Fed Chairman Jerome Powell was faces a strong rival as President Joe Biden decides who will run the Fed for the next […]
Chinese promoter Kaisa asks for help and the Fed warns of the risk of a global contagion
The Chinese real estate sector suffered a new shock on Tuesday, after the Kaisa Group made a desperate request for help and the US Federal Reserve (Fed) sent its first direct warning that the crisis could cause global damage. Builders’ bonds fell again after sources in China said that Kaisa, which was the first of […]
Corporate borrowers flood market after Fed decision
Corporate borrowers are flooding the US market with new debt sales, encouraged by lower rates and emboldened by a Federal Reserve that has been in no rush to begin withdrawing its loose monetary policy. Ten investment-grade companies are selling new bonds on Monday, including Sherwin-Williams Co. and Westpac Banking Corp. Among the high-yield companies, Ford […]
The US could raise benchmark rates by the end of 2022, according to Fed vice chairman
The Vice Chairman of the Federal Reserve (Fed) from the United States, Richard Clarida, stated that the economy of such a nation could be poised for an increase in benchmark interest rate by the end of next year. In this way, the most important Central Bank official in the world ruled out an increase in […]
The US could be ready to raise rates by the end of 2022, says Fed vice president
The vice president of the Federal Reserve (Fed), Richard Clarida, announced that the entity could meet its benchmark metrics to increase interest rates next year if the labor market recovers to pre-pandemic thresholds and inflation is at acceptable levels. He noted that while the Fed continues “far from considering raising interest rates“, If your current […]
Patience diminishes in the face of high inflation in the US, says George of the Fed
Updated on 11/05/2021 01:32 pm With strong demand and tight supplies driving inflation more widely across the economy, the Federal Reserve may have a limited time before raising interest rates in response, a US central bank official suggested Friday. . “As supply chains improve and demand subsides, there is reason to expect inflation to eventually […]
The Fed, the ECB and the BoE jump on the express train of “transitory inflation”
The world’s big central banks are in unison rejecting the idea that higher interest rates will be needed to fight the inflationary wave and now tie their monetary policies strictly to the expectation that overburdened global supply chains are about to ease. Thursday, the Bank of England (BoE) joined the Federal Reserve from the United […]
How does reducing the Fed’s bond purchase work?
The Federal Reserve (Fed) from USA announced on Wednesday that it will begin to reduce its asset purchase program this month, eliminating a first pillar of the expansionary emergency monetary policy introduced in March 2020 to protect the economy from the pandemic of the COVID-19. The following is a guide to why and how the […]
Fed will begin to reduce monetary stimulus from November
The Federal Reserve (Fed) from USA announced, this Wednesday, November 3, that it will begin to reduce its asset purchase program in view of the “progress” of the economy in US $ 15,000 million per month, which is the beginning of the gradual withdrawal of the monetary stimulus deployed to support the economy in the […]