The view that the Federal Reserve is in danger of losing control of US households’ inflation expectations was expressed on Wednesday by the President of the Fed of St. Louis, James Bullard. “I think we are on the verge of losing control of inflation expectations,” he said during a speech at the Memphis Economic Club. […]
Tag: Fed interest rates
Fed (Beige Book): Economic slowdown in May – Inflationary pressures intensify
The economy in most U.S. regions expanded moderately from April to the end of May, with indications that the Federal Reserve’s moves to “warm up” demand have begun to be felt, the Federal Reserve said in its latest Beige Book report. current economic conditions in the United States, published on Wednesday. The latest data on […]
Wall closed with gains in the wake of the Fed’s practices
The Wall Street stock index closed positively on Wednesday, in the wake of the publication of the US Federal Reserve (Fed), which showed its determination to proceed with higher interest rates than the market expects, if this is judged that is necessary. Especially on the dashboard, the industrial Dow Jones closed at 32,120.28 points with […]
Powell: It would have been better if, as the Fed, we had raised interest rates ‘a little earlier’
“Things would have been better if the Fed had started raising interest rates a little earlier,” US Federal Reserve Chairman Jerome Powell said shortly after the Senate ratified his second four-year term as head of the Federal Reserve. of the country. Calling fixed prices the “cornerstone” of the economy, Mr Powell said the Fed’s battle […]
How high will the Fed raise interest rates?
By Bill Dudley How high will interest rates be raised by the US Federal Reserve? This is a crucial question, given that trillions of dollars worth of stocks and bonds worldwide are affected by its movements and the effect they will have. For the markets, the response implied by recent statements by Fed Chairman Jerome […]
Is the Fed ready to trigger a recession to control inflation?
By Jonathan Levin The Federal Reserve has just launched its most aggressive rate hike since May 2000, but no one knows for sure how high interest rates will eventually reach. As members of the Fed’s Federal Open Market Committee (FOMC) begin a month of public appearances, clues to their views on three key issues are […]
Jellen: The Fed is likely to ‘smooth’ the economy
The Federal Reserve estimates that it will use all the tools at its disposal to ensure the “smooth landing” of the US economy – despite the looming risks – in its attempt to tame inflation, the US Secretary of the Treasury said on Wednesday. Janet Glenn. Speaking at a conference hosted by The Wall Street […]
Powell (Fed): At the table an increase of 50 bp. interest rates in May – Forward logic has a basis
US Federal Reserve Chairman Jerome Powell said the argument for a sharp rise in interest rates was well-founded, noting that a possible 50 basis point (0.5%) increase in the Fed key interest rate would be considered at the May meeting. , as reported by Bloomberg. “I would say the 50 basis points will be on […]
The Fed may need to move more aggressively, warns Deutsche Bank
With household liquidity in the US overdue, the Federal Reserve may need to move more aggressively to raise interest rates to “cool” the economy and curb high inflation, according to Deutsche Bank . US household liquidity “now’s exceeding debt for the first time in three decades with net debt falling to zero,” said Jim Reed, […]
Evans (Fed): Sees interest rates at 2.5% by the end of the year
The chairman of the Chicago Federal Reserve did not rule out the possibility that the central bank interest rate could reach 2.5% by the end of the year as part of the central bank’s effort to curb inflation. “If we reach 2.25% to 2.5% by December, we can then see where inflation is,” said Charles […]