The president of the Federal Reserve of Richmond, Thomas Barkinstated on Thursday that, although there have been “real progress” in matters of inflationit is still unclear whether the US central bank will have to raise its official interest rate to finish the job. “I foresee some kind of slowdown, as I think the net impact […]
Tag: Jerome Powell
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 […]
The Fed, willing to maintain interest rates despite the resistance of the economy
Throughout his two years of battle against inflationthe Federal Reserve USA has tried to squeeze consumers enough through higher interest rates to stop them from spending, seeking to align demand with supply and push U.S. economic growth below its potential to ease price pressures. That hasn’t happened yet. Since the financial markets With the U.S. […]
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 […]
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, […]
European stock markets face a new meeting on rates, in this case the Fed
European stock markets face a new meeting on interest rates next week, in this case the Federal Reserve of the US (Fed), on Wednesday, from which no new increases are expected, unlike last Thursday’s decision of the European Central Bank (ECB)which opted to raise them 25 basis points. The week in eurozone will begin on […]
Two-year US bond yield hits nearly two-month high on rate forecast
The yield on the bonds us treasury Two-year bonds rose the day before, hitting a nearly two-month high as investors expect higher interest rates for longer to contain inflation, following the hawkish message from the head of the Federal Reserve. The head of the Fed, Jerome Powellsaid Friday at the symposium on jackson hole that […]
Fed’s Jerome Powell: We will keep rates high until inflation is controlled, with the possibility of a pause
The president of the Federal Reserve US (Fed), Jerome Powellstated this Friday that the The regulator will continue to keep rates high until inflation is controlled, although it opened the door to a pause in the increases. “We are prepared to further increase rates if appropriate and intend to keep policy tight until we are […]
US Treasury yields at Powell’s suggestion
Treasury yields rose on Friday after the president of the Federal Reserve, Jerome Powellsaid the central bank may have to raise interest rates further to ensure inflation stays within the 2% target. Powell’s remarks at the Fed’s annual symposium in Jackson Hole, Wyoming, balanced an outlook based on the slowing pace of price increases over […]