Fed Vice President Lael Brainard it said on Tuesday that going forward it will be very cautious in making predictions and is watching core inflation very carefully, Reuters reported. Featured Statements: The Fed’s goal is to reduce inflation while maintaining the economic recovery. The very high inflation we are seeing is the result of a […]
Tag: InterestRate
Bringing down inflation is our most important task, welcome to see moderation in core inflation — Lael Brainard
Fed Vice President Lael Brainard he said on Tuesday that it is welcome to see some moderation in the rate of inflation of basic goods and that reducing inflation is the most important task of the Fed, reported Reuters. Brainard said they are looking to continue to see a moderation in inflation in the coming […]
It cannot be taken for granted that monetary tools like QE are adequate to address market dysfunction — Huw Pill
Note: All information on this page is subject to change. Use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal notice. Q> Trading in the foreign exchange market carries a high level of risk and may not be suitable for all investors. The high degree of leverage can […]
The benefits of Japan’s loose monetary policy have spread throughout the economy
The CEO of the Bank of Japan (BoJ), Shinichi Uchida has defended Japan’s ultra-loose monetary policysaying that the benefits of loose policy have spread throughout the economy. Additional comments Japan’s low interest rates are a reflection of its low economic growth and moderate inflation It is true that the BoJ’s monetary policy is partly behind […]
Several participants considered it appropriate to move the policy to neutral on an expedited basis.
FOMC Meeting Minutes March revealed that several of the participants considered that it would be appropriate to change the monetary policy stance towards a neutral stance in an expeditious manner, reported Reuters. Additional comments summarized by Reuters: “Participants also noted that, depending on economic and financial developments, a shift to a tougher policy stance might […]
I am committed to “methodically” raising interest rates back to neutral, which is around 2.5% — Patrick Harker
Philadelphia Fed President and FOMC member Patrick Harker he said on Wednesday that he is committed to methodically raising interest rates back to neutral, which he expects to be around 2.5%, Reuters reported. Shrinking the balance sheet will also remove financial accommodation, he added, noting that we want to slow the economy in a way […]
We are prepared to take stronger action if inflation expectations call for it – Lael Brainard
The Vice President of the Fed, Lael Brainardsaid on Tuesday that the entity is prepared to take stronger action if the inflation outlook and indicators of inflation expectations suggest the need for such actionas reported by Reuters. “The combined impact of rate hikes and balance sheet reduction will move monetary policy to a more neutral […]