DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Jerome Powell - 1 Liu Jie - 1 we've - 1 Matthew Luzzetti - 1 Luzzetti - 1 He'll - 1 Bill English - 1
Top related locs:
Washington ,
Top related orgs:
Federal - 1 Washington , D.C - 1 Xinhua News Agency - 1 Getty - 1 Federal Reserve - 1 Deutsche Bank - 1 Bank's - 1 Fed - 1

Search resuls for: "Bill English"


5 mentions found


☆ A change to this one clause could be the most important part of the Fed meeting
  + stars: | 2024-01-30 | by ( Jeff Cox | ) www.cnbc.com   time to read: +5 min
"We heard at the December meeting that no official expected to raise rates further as a baseline outcome. And we've heard that Fed officials are beginning the discussions around rate cuts," Matthew Luzzetti, Deutsche Bank's chief U.S. economist, said in an interview. Now, there's considerably more uncertainty as multiple statements from Fed officials point to a more cautious approach about declaring victory over inflation. The inflation rate judged by core personal consumption expenditures prices, a U.S. Department of Commerce measure that the Fed favors, indicates the real funds rate to be around 2.4%. Fed officials figure the long-run real rate to be closer to 0.5%.
Persons: Jerome Powell, Liu Jie, we've, Matthew Luzzetti, Luzzetti, He'll, Bill English Organizations: Federal, Washington , D.C, Xinhua News Agency, Getty, Federal Reserve, Deutsche Bank, Bank's, Fed, U.S . Department of Commerce, Yale School of Management Locations: Washington ,
☆ Smaller Fed rate hike may augur end to 'ongoing' increases
  + stars: | 2023-01-20 | by ( Howard Schneider | Thomson Reuters | Covers The U.S. Federal Reserve | ) www.reuters.com   time to read: +7 min
WASHINGTON, Jan 20 (Reuters) - The Federal Reserve is set to again slow the pace of its interest rate increases at a Jan. 31-Feb. 1 policy meeting while also signaling that its battle against inflation is far from over. Throughout last year, the Fed's rapid series of rate hikes were announced in a statement that also promised "ongoing increases" until rates were "sufficiently restrictive to return inflation to 2%." Fed officials were surprised in 2021 by the persistence of inflation that at one point was more than triple their 2% target. The unemployment rate is currently 3.5%, a level seen only rarely since World War Two. "Thus, I anticipate the need for further rate increases."
☆ Premarket stocks: Investors are hoping for the economic tide to turn. The wait may soon be over
  + stars: | 2022-12-14 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
What’s happening: Price increases in the United States cooled more than economists expected last month, recording the lowest level of growth since last December. This is the second consecutive month of moderating price pressures and could mean the underlying trend of inflation is finally decelerating. That’s a welcome and hopeful sign for consumers, policymakers and investors, said Jim Baird, chief investment officer at Plante Moran Financial Advisors. The bill specifically names TikTok and its parent, ByteDance, as social media companies for the purposes of the legislation. In the past two weeks, at least seven states have introduced such measures, including Maryland, South Dakota and Utah.
☆ Fed officials see smaller rate hikes coming 'soon,' minutes show
  + stars: | 2022-11-23 | by ( Jeff Cox | ) www.cnbc.com   time to read: +5 min
Reflecting statements that multiple officials have made over the past several weeks, the meeting summary pointed to smaller rate hikes coming. Markets widely expect the rate-setting Federal Open Market Committee to step down to a 0.5 percentage point increase in December, following four straight 0.75 percentage point hikes. The minutes noted that the smaller hikes would give policymakers a chance to evaluate the impact of the succession of rate hikes. Markets expect a few more rate hikes in 2023, taking the funds rate to around 5%, and then possibly some reductions before next year ends. Several Fed officials have said in recent days that they anticipate a likely half-point move in December.
☆ Here's everything the Federal Reserve is expected to do today
  + stars: | 2022-09-21 | by ( Jeff Cox | ) www.cnbc.com   time to read: +6 min
Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty ImagesThere's not a lot of mystery surrounding Wednesday's Federal Reserve meeting, with markets widely expecting the central bank to approve its third consecutive three-quarter point interest rate hike. That's the highest the fed funds rate has been since early 2008. Economic outlook: Part of this week's meeting will see Fed officials issue a quarterly update of their interest rate and economic outlook. Powell presser: Fed Chairman Jerome Powell will hold his usual news conference following the conclusion of the two-day meeting.
0 next >>
Total: 5