"Based on the meeting today, I would tell you that I don't think it's likely that the committee will reach a level of confidence by the time of the March meeting to identify March is the time to do that," he said. "But that's to be seen." "[March is] probably not the most ...
from mortgages to credit cards, after two years of interest rate hikes by the Federal Reserve. With the central bank meeting today, economists and consumers alike have one question on their minds: When will the central bank start cutting rates?
"Time will tell but the data suggest that what we call a 'deferred landing' is more likely than the long anticipated 'soft landing,'" they added. "Along with our forecast for core inflation pressures to remain elevated as supply tailwinds fade, we expect this to keep the Fed cautious on...
Calls Trade Strongly Ahead of Meeting Today Where Fed Is Expected to Cut Rates Again.Focuses on the expectations of investors for the United States Federal Reserve Board to cut interest rates for the tenth time as of November 6, 2001.Tan...
In this episode, Liz Ann and Kathy discuss the results and implications of the latest Fed meeting. They also address election-related questions and the impact of the FOMC meeting on interest rates. The conversation then shifts to the bond market's reaction and expectations. They explore the his...
Chicago Federal Reserve President Charles Evans gavean excellent speech in Bangkokearlier today. It is worth the read. He reiterates his call for additional policy, including an explicit willingness to tolerate inflation in excess of 2%. This, again, is not really news. I like where he is goin...
“It is still too early to gauge the magnitude and duration of these effects, and I will be closely monitoring the evolution of credit conditions and their potential effects on the economy,” Williams said. Williams noted in his appearance that the large levels of emergenc...
Data flow continues to support those who argue that if the recession is not already over as of July, it soon will be. The July jobs report - while not exactly cheery news for those still losing their jobs - is another clear indicator that the employment
For now, the majority of economists polled by FactSet are forecasting a rate cut from the Fed at its June 12 meeting. If that occurs, it would mark the first interest rate reduction since March 2020, when the central bank moved to stimulate growth as the pandemic was slamming the economy...
"The question going into this was is the Fed going to meet the market or is the market going to meet the Fed? It looks like the Fed has bridged that gap in terms of meeting the market at least three-quarters of the way on what was priced via the dot plot," said Kristen Bitterly...