Updated on 11/16/2021 06:53 pm San Francisco Federal Reserve (Fed) chair Mary Daly asked the central bank for patience in the face of high inflation that she predicted will likely fade on its own as the pandemic recedes. “Reacting in response to things that are not likely to last will push us further, not closer, […]
Tag: Fed
Powell, head to head to stay at the head of the Fed against Lael Brainard
The two potential candidates to head the Federal Reserve (Fed), current chairman Jerome Powell and Lael Brainard, appear to be head-to-head and all eyes are on Joe Biden, who will make the final decision, perhaps this one. same week. The election of the president, who must choose between the governors of the institution, must then […]
Wall Street no debe temer a Lael Brainard
Paul J. Davies Banking regulation is a routine activity. It’s all about endless details and complexities. Sometimes to make people worry, you have to make it a little melodramatic. And expect there to be a lot of that surrounding speculation that the board member of the Federal Reserve, Lael Brainard, he could soon succeed Randal […]
Fed’s Daly says inflation will moderate and it’s premature to raise rates
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,” […]
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 […]