Updated on 12/14/2021 02:15 pm The Federal Reserve is poised to make an abrupt turn to tighter interest rates this week as inflation accelerates and unemployment is falling faster than expected. The Fed will likely announce Wednesday that it will reduce its monthly bond purchases to double the rate outlined by its chairman Jerome Powell […]
Tag: federal Reserve
The Fed is expected to take one of the most restrictive turns in years
This week, Federal Reserve officials will accelerate the withdrawal of the bond purchase program and signal the rise in interest rates in 2022, economists surveyed by Bloomberg said, announcing a historic shift in policy to counter inflation further. fast since the 1980s. More than half of the economists surveyed estimate that the Fed’s quarterly forecasts, […]
US Treasury Bonds Record Highest Weekly Earnings in Over a Year, BofA Says
Updated on 03/12/2021 09:54 am US Treasuries posted their highest earnings since October 2020, while high-yield, investment-grade debt funds posted strong outflows on concerns over high inflation and a tightening of the Federal Reserve’s monetary policy. (Fed) said the BofA. Cash funds posted the largest weekly inflows, at $ 27.1 billion, followed by stocks at […]
Biden hopes to nominate the next chairman of the Federal Reserve this week
The president of United States, Joe Biden, has indicated this Tuesday, November 16, that at the end of this week he will announce who will lead the Federal Reserve. The agent can choose to keep or not to Jerome Powell to the front or replace him by the governor of the Fed, Lael Brainard. The […]
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 […]
Fed will begin to reduce monetary stimulus from November
The Federal Reserve (Fed) from USA announced, this Wednesday, November 3, that it will begin to reduce its asset purchase program in view of the “progress” of the economy in US $ 15,000 million per month, which is the beginning of the gradual withdrawal of the monetary stimulus deployed to support the economy in the […]
Biden Says He Will Announce Fed Appointments “Very Soon”
Updated on 02/11/2021 04:05 pm President Joe Biden said the White House will make an announcement on appointments to lead the United States Federal Reserve (Fed) “soon”. He noted that he has been thinking about personnel decisions, including the possibility of reappointing the current president of the Fed, Jerome Powell, and that he hoped there […]
Fed could announce the reduction of its bond purchase plan tomorrow
Updated on 02/11/2021 02:15 pm The Federal Reserve (Fed) of the United States started its two-day meeting on Tuesday after which it is expected to announce the beginning of the reduction of its multimillion-dollar monthly bond purchase program amid the economic recovery and the persistent rise in prices . The US central bank will report […]
Inflation in the United States rises to 5.4% in September, according to the Government
According to the Bureau of Labor Statistics (BLS) in the United States, annual inflation reached its highest level in 13 years in September: it stood at 5.4%. After moderating for two months, the consumer price index (IPC) climbed again in the ninth month of 2021, 0.4% compared to August, when it had marked a decrease […]