Fiorella De Fiore & Zheng Liu, 2003. " Openness and Equilibrium Determinacy under Interest Rate Rules ," Emory Economics 0310, Department of Economics, Emory University (Atlanta).De Fiore, F. & Liu, Z. [2003]. "Openness and Equilibrium Determinacy Under Interest Rate Rules". (0310)....
Federal Reserve Bank of Atlanta. Braun, A. R., & Ikeda, D. (2022). Why aging induces deflation and secular stagnation. Bank of Japan, IMES Discussion Paper Series, no. 2022-E-15. Braun, R. A., Daisuke, I., & Joines, D. H. (2009). The saving rate in Japan: Why it has ...
as handsome gains (the Russell 3000 Value index has had a total return of 4.81%) have been turned in, even with a big rise in the yield on the benchmark 10-Year U.S. Treasury, since Powell & Co. began their rate cutting cycle. Valuations – Value Stocks Reasonably Pri...
We met Powell in the Federal Reserve boardroom where this committee meets every six weeks or so to set the so- called federal funds interest rate-- which influences most loans. Last week, Powell announced the rate would stay at its 23-year high, about five-and-a-half percent—unchangedfor...
In March 2020, the Federal Reserve cut emergency rates in response to the coronavirus pandemic, dropping the federal funds rate to its target range between 0% and 0.25%. Annual percentage yields (APYs) on savings accounts and CDs, which typically track the Fed’s actions, have been dropping ...
Atlanta Kansas City Minneapolis New York Philadelphia San Francisco Richmond St. Louis The network of Federal Reserve Banks operates under the direction of theFederal Reserve Board(Board of Governors), its main governing body. Essentially, they function as the operating arm of the Federal Reserve Sys...
When the Fed issued its decision on Sept. 18, forecasts showed a narrow majority of officials favored reducing their benchmark rate a full percentage point or more this year — implying at least one big cut. But a sizable minority penciled in just 75 basis points, suggesting supp...
Former Fed Governor Fisher: Fed's announcement on rate hike timeline wasn't surprising "None of this really impacts what people are going to be doing the next six months," saidLee Baker, a certified financial planner and owner of Apex Financial Services in Atlanta, of clients' finan...
The Federal Reserve kicks off its two-day policy meeting on Tuesday with high expectations for another interest rate hike just three months after the last increase in December. If it happens, it would represent a marked acceleration of the prior pace of monetary tightening: Just two quarter-...
Kashkari, a nonvoter this year on the Federal Open Market Committee, is the second central banker this week to dampen rate-cut talk. On Wednesday, Atlanta Fed President and FOMC voter Raphael Bosticsaid on CNBCthat he envisions just one cut this year, and likely not until the fourth quarte...