Cukierman, Alex. 1996. "Why Does the Fed Smooth Interest Rates?" In Monetary Policy on the 75th Anniversary of the Federal Reserve System, ed. Michael T. Belongnia, 111-47. Boston: Kluwer Academic Publishers.Cukierman, Alex, "Why does the Fed smooth interest rates?" in Belongia, Michael...
Ongoing economic growth, a solidjob market, andinflationthat remains above its 2% target mean theFederal Reservedoes not need to rush to lower interest rates,Fed Chair Jerome Powellsaid on Thursday in remarks that may point to borrowing costs remaining higher for longer for households and businesse...
The FED held off, held off, held off some more,writes Gary Tanashian in his Notes from theRabbit Hole. It held rates at a high level for meeting after meeting, despite the fade in inflation signals that we've expected (and now seen) since Q1 2023 (Goldilocks), unemployment that has l...
Squawk on the Street Goldman Sachs' Jan Hatzius on why the Fed will likely cut rates this month Jan Hatzius, Goldman Sachs chief economist, joins CNBC's 'Squawk on the Street' to discuss the November jobs report, Goldman's outlook on 2025, and more. ...
Why can't the Fed control the money supply perfectly? Explain the reasons why the Fed can't control the money supply perfectly? Why can't the Fed target both the money supply and the interest rate at the same time? (a) Why does the Fed increase or decrease interest rates? (...
Does this mean borrowing costs will start coming down? The Fed funds rate acts as a base ratefor shorter-term interest rates, such as for car loans and credit cards. As it goes up, short-term borrowing rates increase by about the same amount. ...
Why Has the Fed Been Raising Interest Rates? (cover story)Comments on the efforts of the Federal Reserve Bank of San Francisco to raise interest rates in California. Perception of inflation risks in the economy; Relationship between productivity and gross demand growth; Accounts on job and ...
Why do stock markets fall so much in response to a surprise hike in the monetary policy rate? Does the stock market provide high-frequency evidence that monetary policy stimulates the real economy? Or, conversely, does monetary policy drive the stock market by calming or exciting investors’ ner...
Why is the Federal Reserve raising interest rates? It's illuminating to flip the question on its head: Why not? The unemployment rate, one of the gauges the Fed watches most closely,fell to 4.7 percent in February, a healthy level by historical standards. Inflation, the other gauge, finally...
The Federal Reserve began cutting the federal funds rate in September 2024 after a series of hikes in 2022 and 2023, but interest rates on mortgages have actually risen in the time since then. What gives? Unfortunately, the Fed can't wave a magic wand to lower mortgage rates....