Inflation in the United States has fallen significantly since hitting a four-decade high last summer, but prices are still rising faster than the Federal Reserve’s target of 2% annually. Join the La República WhatsApp channel GO 🇻🇪 Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 1? Bonus […]
Tag: Fed
Wall Street closed its worst October in several years and has had losses for 3 months in a row
Wall Street closed October with losses not seen in almost five years and chaining three months in the red, affected by the rise in the yield of United States bonds – levels not recorded in 16 years: above 5% at 10 years – and by fear of the extension of interest rates announced by the […]
US 10-year Treasuries on track for biggest weekly gain since April 2022
The performance of the Treasury bond US 10-year bond, the pillar of the global financial system, was headed on Friday towards its biggest weekly rise since April 2022, after a brutal week of selling in the stock market. public debt. The 10-year yield, which moves inversely to the price, briefly surpassed the 5% barrier on […]
Fed: interest rates will remain high for longer to contain inflation in the United States
Jerome Powell, president of the Federal Reserve, believes that monetary policy “is not too tight” and that is why they will be more restrictive. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Thursday, October 19? Refund to 1.2 million Fonavistas begins in December […]
Barkin: Fed still has time to decide next rate move
The president of the Federal Reserve Richmond’s Thomas Barkin said Tuesday that the lender still has time to decide its next interest rate move as anecdotal data points to an economy that is slowing amid a trend in cooling inflationary pressures. . “I see an economy that is much further along the path to normalizing […]
US industrial production takes flight and registers an increase of 0.3% in September
The industrial production of USAwhich had stagnated in August (0%), grew again in September, 0.3%, although in one year it has advanced the least, 0.1%, according to data published this Tuesday by the Federal Reserve ( Fed). The greatest increase in industrial production occurred in construction, which grew by 1%. The production of consumer goods […]
Yellen: higher interest rates could persist in the US
The Secretary of the Treasury of the United States, Janet Yellensaid higher interest rates could persist, while insisting that the U.S. economy is “in a good place”. The interest on the US debt, which represents 98% of economic output, “still manageable“, said Yellen on Monday in an interview with Sky News. “Higher interest rates may […]
Morgan Stanley: S&P 500 will rise in the fourth quarter despite adverse factors
It is more likely that there will be a rebound in S&P 500 in the fourth quarter of 2023 than the one that does not exist, Michael Wilson, from Morgan Stanley. Wilson and other strategists said most investors believe in a possible rebound if current levels hold in the near term, despite lingering concerns about […]
Expectations increase for FED rate hike after US inflation data
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The performance of the US treasury bonds rose on Thursday, after news that consumer prices in the world’s largest economy exceeded forecasts, suggesting that the Federal Reserve could raise the interest rates once again this year. Consumer prices in USA They rose in September due to rising rent and gasoline costs, although core inflation slowed, […]
The Federal Reserve will continue “working” to reduce inflation, according to Waller
The governor of the Federal Reserve, Christopher Wallerreiterated on Tuesday the US central bank’s determination to reduce the inflation to its 2% target, but did not comment on the economic outlook or offer an opinion on the best immediate course for the monetary politics. “Price stability is a primary responsibility of the Federal Reserve”Waller said […]