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 […]
Tag: Fed
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
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”
—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 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
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
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 […]
Day by day: this week’s economic agenda in America
This week the data from the first review of the gross domestic product (GDP) of the United States for the first quarter and employment data in Brazil, Mexico, Chile and Colombia corresponding to April will be published. These are the keys that will mark the week in America: Monday 27 The National Institute of Statistics […]
Goldman rules out Fed rate cuts before September
The Federal Reserve will not start cutting interest rates before September, according to economists from Goldman Sachs Group Inc.which postponed their forecast for July amid signs that the economy remains too resilient to justify monetary easing. “This week we noted that comments from Federal Reserve officials suggested that a cut in July would likely require […]
Fed minutes do not rule out that there may be new rate hikes in this cycle
Several members of the Federal Open Market Committee (FOMC) mentioned in their last meeting their willingness to tighten monetary policy even further if the risks to inflation materialize, after the first quarter of the year. there was data “disappointing”. This is revealed by the minutes of the meeting held on April 30 and May 1, […]