The Federal Reserve begins its last meeting of 2023 this Tuesday, a meeting that according to experts could dictate that the end of the increases in interest rates has arrived, although its decline is still not in sight in the near future. Analysts and economists are convinced that the Fed will pause again in December, […]
Tag: Fed
Inflation in the US moderates in November to 3.1% in 12 months, before the Fed
The inflation fell slightly in November in the United States, standing at 3.1% in the interannual period, compared to the 3.2% registered the previous month, according to the CPI index published on Tuesday by the Department of Labor. The Consumer Price Index (CPI), which is known before the end of the Federal Reserve’s monetary policy […]
Market expectations of Fed rate cuts ‘overblown’, says BlackRock
Global markets will experience increased volatility in 2024 as the Federal Reserve will cut interest rates fewer times than many investors anticipate, strategists at BlackRock Investment Institute said in a roundtable Tuesday. However, BlackRock, the world’s largest asset manager, continues to see equity opportunities in AI and technology stocks, particularly in the memory sector, with […]
There are more people willing to buy a home in the US despite high rates
Homebuyers in the United States are increasingly willing to purchase properties even if interest rates remain high, according to a study by Bank of America published on Monday. About 62% of respondents said they would wait for borrowing costs to drop before buying a home, according to 1,000 people surveyed in September. This figure is […]
An overly cautious Fed could lead to a slight recession in the US in 2024
The Federal Reserve will likely hesitate to cut interest rates next year for fear of a spike in inflation, but keeping them elevated for a long time will reduce the chances of a soft landing for the U.S. economy, a Vanguard executive said. The world’s second-largest asset manager expects a mild recession in the United […]
Mutual funds offer returns of up to 5.36%
Mutual funds offer a return of up to 5.36% in structured funds and 5.27% in debt funds on average in 2023, according to the Association of Fund Administrators of Peru. Thus, the industry shows a recovery compared to 2022 and it is expected that returns will remain attractive at least until the first half of […]
Slowing inflation in the US boosts expectations that the Fed will not raise rates further
U.S. consumer prices were unchanged in October amid a decline in gasoline prices, and the annual rise in core inflation was the smallest in two years, supporting the view that the Fed Federal is probably done raising interest rates. Although rents continued to rise last month, the pace of the increase slowed considerably compared to […]
FED Philadelphia: US economy is strengthening, but progress in the face of inflation will be irregular
The economic prospects of USA have improved slightly and a key measure of inflation will continue its downward trend, a survey carried out by the Federal Reserve Bank of Philadelphia among experts in economic forecasting. The survey expects real GDP to grow at an annual rate of 1.3% this quarter, 0.1 percentage point higher than […]
Powell says the Fed isn’t sure it raised interest rates enough
The president of the Federal Reserve (Fed), Jerome Powellstated this Thursday that he is not sure that the US regulator has raised interest rates enough to lower inflation to the 2% target. “The Federal Open Market Committee (FOMC) is committed to achieving a monetary policy stance that is tight enough to reduce inflation to 2% […]
Powell: Fed will keep rates high until inflation declines sustainably
The president of the United States Federal Reserve (Fed), Jerome Powellstated this Wednesday that interest rates will remain high as long as necessary, until inflation is reduced to its target of 2% and remains sustainably low. The Fed will maintain “a monetary policy stance that is sufficiently restrictive to reduce inflation sustainably to 2% over […]