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 […]
Tag: Fed
Fed’s Perli says much remains to be done to reduce balance sheet
The United States Federal Reserve is nowhere near the point at which it will have to slow or stop the process of shrinking its balance sheet and it remains unclear when the appropriate time will be, the Fed’s head of monetary policy implementation said on Tuesday. NY. “We remain aware of the risks and uncertainty […]
Fed’s Bowman says raising rates again will probably be appropriate
The governor of the Federal Reserve, Michelle Bowmanreiterated on Saturday his view that inflation remains too high despite “considerable” progress in reducing it, and that the central bank US will probably have to tighten monetary policy further. “I hope it is appropriate that the Federal Reserve raise rates further and keep them at a restrictive […]
Fed says there is no “urgency” to raise rates, but cuts are still far away
There is no urgency for the Federal Reserve re-upload your interest rate official now that the economy is slowing and inflation is falling, but it will probably pass “a long time” before it is appropriate to cut it, the president of the entity in Atlanta, Raphael Bostic, said Tuesday. “I am in no hurry to […]
US economy continues to overcome pandemic impact, says Fed’s Powell
The American economy continues to deal with the fallout from the COVID-19 pandemic, the chairman of the Federal Reserve said Monday, Jerome Powellduring a meeting with community and business leaders in York, Pennsylvania. “We are still getting through the other side of the pandemic“, he claimed Powellpointing out the labor shortage in the health sector, […]
Fed’s Kashkari sees 60% chance of ‘soft landing’
The president of the Bank of the Federal Reserve of Minneapolis, Neel Kashkari, said Tuesday in an essay that he sees more likely a “soft landing” of the American economyalthough there is also a 40% chance that the entity will have to raise interest rates “in a significative way” to beat inflation. In the most […]
Fed: High inflation remains the “biggest risk” to the economy
The president of the Federal Reserve of Chicago, Austan Goolsbee, said Monday that the risk of the inflation remains above the 2% target is still higher than that of a monetary politics restrictive of central bank slow the economy more than necessary to control the pace of price increases. “The risk that inflation remains above […]
Fed eyes more rate hikes even after unchanged meeting
The authorities of the Federal Reserve of USA warned on Friday of new increases in rateseven after leaving borrowing costs stable this week, and two officials said they are still not convinced that the battle against the inflation is over. These statements were qualified with words like “patience” and the recognition that price growth has […]
More rate increases are needed to guarantee “timely” control of inflation
The Federal Reserve “You must raise interest rates further to control inflation.”in a timely manner“said the governor of the entity, Michelle Bowman, on Friday in statements in which she outlined a hard-line argument based on a possible increase in energy prices and the possibility that the battle against inflation will take years to resolve. be […]
HSBC raises Treasury yield target after Fed stance
The expectations of the Federal Reserve that the US economy will continue to expand and will need additional increases in interest rates to combat inflation led to HSBC to raise its year-end forecast for the return of Treasury bond 10 years from 3% to 3.5%, the bank’s strategists wrote in a note on Thursday. “At […]