Central Bank CommunicationInterest Rate ExpectationsMarket TantrumsI provide empirical evidence that Fed officials use their speeches to guide short-term interest rate expectations. Measures of misalignment between market and cSocial Science Electronic Publishing...
If interest rates are raised too fast, it would significantly contain economic expansion, harm expectations for economic growth and result in lower profitability for enterprises, Liu Zhidan, head of the treasury department of the New York Branch with Bank of China, told Xinhua. The Fed said in ...
WASHINGTON, July 25 (Xinhua) -- Data released by the U.S. Federal Reserve (Fed) on Thursday showed that M2 money stock dropped for the week ending July 15, as market traders expect an interest rate cut in late July. M2, the broad money supply, shrank to 14.8273 trillion U.S. dollars...
The committee's"dot plot" of individual members' expectationsindicates another four cuts in 2025, or a full percentage point. Three more reductions in 2026 would take the fed funds rate down to between 2%-2.25%, close to the long-run outlook, though there was considerable dispersion in the ...
Wall Street Journal senior writer Jon Hilsenrath discusses expectations for the Fed's next interest rate decision on 'The Claman Countdown.' The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a point, further slowing its aggressive campaign to cool the economy...
The federal interest rate, more accurately known as the federal funds rate, is how much the government thinks banks should charge to lend money to each other. It also serves as abenchmark ratefor all the loans banks give others.(That means us.) ...
With economists pushing back their rate-cut forecasts to mid-2024, the initial impact was on the stock market, with the Dow Jones Industrial Averagefalling 525 points, or 1.4%, on Tuesday. Investors had been pushing stocks higher on expectations that the Fed would soon cut rates, which could...
Mortgage rates don't necessarily follow the Fed's rate moves, but tend to track the yield on the 10-year U.S. Treasury note. Investors' expectations for future inflation, global demand for Treasurys and Fed policy all influence rates on home loans. ...
As a result, investors should be more cautious about interest rate cuts. The Fed may not cut interest rates in March as the market would like, and expectations of cutting interest rates 6 times throughout the year may also be too aggressive....
WASHINGTON, Jan. 26 (Xinhua) -- The U.S. Federal Reserve on Wednesday said that it will soon be appropriate to raise its benchmark interest rate amid surging inflation. "Supply and demand imbalances related to the pandemic and the reopening of the economy have continued to contribute to elev...