The Federal Reserve must put a “brake” on economic activity in order to deal with rising prices, James Bullard, chairman of the St. Louis Fed, said in an interview with the Financial Times on Wednesday. He added that it was “fantasy” to believe that the Fed could tame the fastest galloping inflation in the United […]
Tag: Fed interest rates
Evans (Fed): Sets another six interest rate hikes this year
Chicago Federal Reserve Chairman Charles Evans said today that he expects the equivalent of six other increases in US interest rates, by 25 basis points each time until the end of the year and another three next year. These increases will drive the US Federal Reserve’s interest rate to 2.75% – 3% by the end […]
Bostic (Fed): ‘Extremely aggressive interest rate course’ is not the best choice due to uncertainty from Ukraine
The goal of the Federal Reserve’s monetary policy is to bring galloping inflation under control, but an “extremely aggressive rate hike” is not the best course of action due to the economic uncertainty caused by the war in Ukraine, he said. Atlanta Fed Chairman Raphael Bostic on Monday. The Fed estimates that an interest rate […]
Bullard: The Fed needs to raise interest rates by more than 3% this year
The president of St. Louis Fed, James Bullard said today that the US Federal Reserve will have to raise its key interest rate by more than 3% – which means 12 interest rate hikes of 25 basis points at a time – to convince the public that it is determined in the fight against inflation, […]
Bonds are in recession and rally in 2022 in the USA
By Hank Tucker Less than two years away from a deep but brief recession caused by Covid in 2020, economists have already turned their attention to the next. Gary Shilling believes such a thing could be here by the end of 2022, boosting bond prices and threatening stocks. The US Federal Reserve is set to […]
J. Bullard (St Louis Fed): Rising interest rates could begin in March
The US Federal Reserve could start raising interest rates in March, St. Louis Fed Chairman James Bullard said on Thursday. “The Federal Open Market Committee could start raising interest rates as early as the March meeting to tackle inflation more effectively,” Boulard told the CFA Society of St. Louis. While loose policy arrangements remain largely […]