Fed

Fed Chairman signals lower rate hikes as bank continues fight against inflation

Fed Chairman signals lower rate hikes as bank continues fight against inflation

Comment this story Comment The Federal Reserve is preparing to slow the rapid pace of its interest rate hikes, but will likely keep borrowing costs higher longer than expected to stabilize the economy, the central bank chief said on Wednesday. In a speech at the Brookings Institution, Fed Chairman Jerome H. Powell said the central …

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Fed officials risk split over future rate hikes, economists warn

Fed officials risk split over future rate hikes, economists warn

A united front among Federal Reserve officials is likely to crumble as sharper divisions emerge among policymakers over how hard to squeeze the economy to fight inflation, economists have warned. As the U.S. central bank prepares to slow the pace of interest rate hikes next month after one of the most aggressive tightening campaigns in …

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The Fed is advancing at the most aggressive pace ever (and what that means for housing)

The Fed is advancing at the most aggressive pace ever (and what that means for housing)

Average monthly federal funds rate via the St. Louis Fed Chart Notes I use monthly averages because the Fed is now targeting a range. In addition, the target federal funds rate is abandoned and only dates from 1982. This is the steepest and most aggressive touring cycle ever. You can see the impact particularly in …

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Stock market closes lower after Fed official says inflation could last until 2024

Stock market closes lower after Fed official says inflation could last until 2024

The stock market closed lower on Monday after Fed officials made separate speeches across the country that inflation could last until 2024 and that financial markets could underestimate the number of rate hikes . Oil and real estate stocks were the main victims of the declines. Apple (AAPL) lost ground after a report that iPhone …

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Fed will likely need to keep interest rates above 5% through 2024 to successfully control inflation, says Bullard

Fed will likely need to keep interest rates above 5% through 2024 to successfully control inflation, says Bullard

The Federal Reserve will likely need to keep its benchmark policy rate north of 5% for most of 2023 and into 2024 to successfully control inflation, St. Louis Fed Chairman James Bullard said. during an interview with MarketWatch. “I think we’ll have to stay there through 2023 and into 2024,” Bullard told MarketWatch economics editor …

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The message from the left for the Fed: Stop punishing workers

The message from the left for the Fed: Stop punishing workers

“It’s a throwback to the bad old days,” said Benjamin Dulchin, campaign leader of Fed Up, a coalition of community groups and labor unions. “Overreacting and sticking with the workers because it’s the only thing they know they can do is the same old prejudice.” Fed Up was among progressive groups that praised Republican Powell …

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Fed policy: looking at the wrong end of the telescope

Fed policy: looking at the wrong end of the telescope

The Federal Reserve has raised interest rates five times this year, essentially doubling them. His rationale is that higher rates will dampen inflation by reducing demand, especially in interest-rate-sensitive sectors like home and car purchases. The newly elected Republican House majority will try to further reduce demand by pushing hard to “cut spending.” A recession …

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Falling house prices will help the Fed keep inflation under control, but it will also increase the risk of a prolonged economic slowdown

Falling house prices will help the Fed keep inflation under control, but it will also increase the risk of a prolonged economic slowdown

US home sales extend their decline as Federal Reserve tightening pushes mortgage rates higher. This has helped bring inflation under control, which is now receding from four-decade highs. But a slowdown in the real estate market also increases the risk of recession. Loading Something is loading. Thank you for your registration! Access your favorite topics …

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November jobs report and the Fed matter most to markets in the week ahead

November jobs report and the Fed matter most to markets in the week ahead

The November jobs report is the big event for markets in the coming week, and it could provide important information on the trajectory of Federal Reserve interest rate hikes. Stocks were higher in the shortened holiday week, with the S&P 500 rising as Treasury yields slipped and the dollar weakened. The post-Thanksgiving week will be …

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EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched

EUR/USD moved sideways above 1.0400 on less trading activity during Thanksgiving Day. The Federal Reserve is expected to drop the 75 basis point rate hike measure to shield the economy from financial risks. The European Central Bank is required to tighten policy further to slow inflationary pressures. EUR/USD should remain bullish as the risk appetite …

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