Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Larry Meyer"


5 mentions found


Describing that anticipated outcome while keeping open the possibility of future rate increases will be one challenge Powell faces. Another will be discounting speculation about the prospect of rate cuts or changes to other aspects of Fed policy, such as the ongoing reduction of the central bank's balance sheet. The yield on the 10-year Treasury note is just about six-tenths of a percentage point below the Fed's policy rate; when the gap between the two shifts from negative to positive is when monetary policy gets perhaps its truest test. Recent data on balance don't fully back the Fed's view of a gently slowing economy and steadily easing inflation. "Assuming the economy keeps growing ... the Fed will get back to hiking," Blitz said.
Persons: Jerome Powell, Powell, Larry Meyer, Meyer, Krishna Guha, Powell's, Christopher Waller, Waller, Steven Blitz, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal Reserve, Fed, U.S ., Economic, of New, Reuters Graphics Reuters, Evercore ISI, Hamas, U.S . House, Graphics, TS Lombard, Thomson Locations: U.S . Congress, of New York, Israel, Palestinian, Washington, U.S
It was a subtly optimistic message that tempered otherwise hawkish projections that see the policy rate rising higher than market participants anticipated. In fact, investors in contracts tied to the Fed's policy rate see the central bank delivering only one quarter-percentage-point increase by the end of the year. They see about a 65% chance of a rate hike next month, up only slightly from before this week's meeting. A dovish decision, a hawkish statement, and very hawkish dots," wrote economists at the analytics firm of Larry Meyer, a former Fed governor. Fed officials at the median more than doubled their outlook for 2023 economic growth to 1%, from 0.4% in the March projections.
Persons: Fed's Powell, Jerome Powell, Powell, Subadra Rajappa, Larry Meyer, Howard Schneider, Bansari Mayur, Chizu Nomiyama, Paul Simao Organizations: Federal Reserve, Societe Generale, Fed, Market, Nasdaq, Dow Jones, Wednesday, Thomson Locations: WASHINGTON, U.S
Since the release of their last economic projections in March, the unemployment rate has fallen and inflation has largely moved sideways. She expects the Fed to keep its policy rate steady this month "while hinting at potential further hikes," a way to compromise among different views and keep pressure on financial conditions. Fed Chair Jerome Powell and others insist that sort of erratic path is not their base case. The intent, rather, is to reach a "sufficiently restrictive" policy rate and remain at that level until it is clear inflation is falling towards the Fed's 2% target. "I do think they are done" with rate increases, he said, but "I cannot rule out another hike in June."
Persons: they've, Tiffany Wilding, PIMCO, Jerome Powell, Philip Jefferson, Larry Meyer, Ian Shepherdson, Howard Schneider, Paul Simao Organizations: Federal Reserve, Market Committee, Reuters Graphics Reuters, North, Fed, Consumer, Reuters, Reuters Graphics, Labor Department, Pantheon, Thomson Locations: U.S, North American, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecessions are a 'policy option' for the Fed, says former Fed governor Larry MeyerLarry Meyer, former Fed governor, and CEO of Monetary Policy Analytics, joins 'Squawk on the Street' to discuss the CPI report informing Fed rates, inflation remaining sticky heading in to 2023, and the scope of recession fueled unemployment rise.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe labor market will adjust to growth and slow down into next year, says former Fed Governor MeyerFormer Fed governor and CEO of Monetary Policy Analytics Larry Meyer, joins 'Squawk on the Street' to discuss where Meyer sees the Federal Reserve terminal rate will end up, how much progress the Fed has made so far and what matters most to the nation's central bank right now.
Total: 5