DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Thomas Barkin - 2 Barkin - 1 I’m - 1 Howard Schneider - 1 Chizu - 1 Christopher Waller - 1 ” Waller - 1 ” - 1
Top related locs:
U.S Washington Oslo Norway ”
Top related orgs:
Association - 2 Richmond Federal - 1 Maryland Government - 1 Thomson - 1 DC CNN - 1 Federal - 1 Norges Bank - 1 International Monetary Fund - 1

Search resuls for: "Maryland Government Finance"


2 mentions found


☆ Fed's Barkin says "comfortable doing more" if inflation does not fall
  + stars: | 2023-06-16 | by ( Howard Schneider | Thomson Reuters | Covers The U.S. Federal Reserve | ) www.reuters.com   time to read: +2 min
WASHINGTON, June 16 (Reuters) - Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest rate increases if coming data does not show that weakening demand for goods and services is feeding through to slower inflation. "I am still looking to be convinced of the plausible story that slowing demand returns inflation relatively quickly" to the 2% target, Barkin said in comments prepared for delivery to the Maryland Government Finance Officer Association. Many investors now expect the central bank to resume rate increases at its meeting in July. But he did say the focus remained on returning "stubbornly persistent" inflation to the Fed's 2% target, from a current level more than twice that. "The ’70s provides a clear lesson: If you back off inflation too soon, inflation comes back stronger, requiring the Fed to do even more, with even more damage," Barkin said.
Persons: Thomas Barkin, Barkin, I’m, Howard Schneider, Chizu Organizations: Richmond Federal, Maryland Government, Association, Thomson Locations: U.S
☆ Just days after pausing rate hikes, Fed official calls for more increases
  + stars: | 2023-06-16 | by ( Bryan Mena | ) edition.cnn.com   time to read: +5 min
Washington, DC CNN —The dust has barely settled on the Federal Reserve’s decision to pause its aggressive rate-hiking campaign — but in public appearances Friday, central bank officials have a clear message: Keep hiking. In one of the first speeches, Fed Governor Christopher Waller said Friday that additional rate increases are necessary to bring inflation down to the central bank’s 2% target. The Fed’s decision to restart hikes depends on what data show in the coming weeks and months. It is the job of bank leaders to deal with interest rate risk and nearly all bank leaders have done exactly that,” Waller said. A representative of the event said the conference wasn’t being recorded and that only registrants who paid a fee were able to attend.
Persons: Christopher Waller, ” Waller, ”, Gregory Daco, Ernst & Young, ” Powell, Waller, “, Michael Gapen, Gapen, they’re, Louis President James Bullard, Thomas Barkin Organizations: DC CNN, Federal, Norges Bank, International Monetary Fund, Ernst &, Bank, BofA Global Research, CNN, Federal Reserve Bank of St, Federal Reserve Bank of Richmond, Maryland Government Finance, Association Locations: Washington, Oslo, Norway, ”
0 next >>
Total: 2