"I think Chair Powell may heed the 'silence is golden' maxim at this week's press conference after its May Fed meeting," he said in a written statement. "He'll likely try to say as little as possible about when he expects the first rate cut to come in order to preserve optionality....
US job growth misses expectations, may delay Fed taperingLucia Mutikani
U.S. Dollar:The real broad trade-weighted dollar index rose 1.2% in April. It was the largest rise since last October. The greenback rose against all the G10 currencies. The gains were driven by a reconsideration of the trajectory of Fed policy in response to continued elevated inflation re...
However, investors were pleased by Powell's comment that Fed's next move was "unlikely" to be a rate hike. TheDow Jones Industrial Average jumped after the remarks, and rose as much as 500 points. He also stressed the need for the committee to make its decisions "meeting by meeting." ...
rest of the year, already expecting a 75 basis point hike at June’s meeting," Hale said. "Current market expectations exceed the Fed’s anticipation in its March economic projections, but inflation has continued to surprise, which could mean that the Fed’s views have changed by now, too...
“hey, we may not cut in December” or not. I'll be watching very carefully the words of Fed officials over the next couple of weeks, to try to gauge what they're going to do at that last FOMC meeting in December. But for now, I think the default is they're going to cut 25 ...
“hey, we may not cut in December” or not. I'll be watching very carefully the words of Fed officials over the next couple of weeks, to try to gauge what they're going to do at that last FOMC meeting in December. But for now, I think the default is they're going to cut 25 ...
The Fed is likely to raise the federal funds rate by 50 basis points (bp) at its May 3-4, 2022 meeting. More rate hikes are expected to follow, with the goal of reducing inflation. The markets anticipate that the federal funds rate will exceed 3% by early 2023. ...
Markets were slightly shaken Wednesday by the minutes of the Fed'smost recent policy meeting, where some officials expressed a willingness to tighten monetary policy "should risks to inflation materialize in a way that such an action became appropriate."1Stubbornly high inflation hascast doubton whe...
fed funds range of 4.75% to 5% was unprecedented for an economy in expansion, and the Fed at the very least is expected to return to its normal quarter-point pace. Atlanta Fed President Raphael Bostic even said Thursday he'd be open to skipping a move altogether at the November m...