DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
James Bullard - 1 Bullard - 1 Louis Fed - 1 Mitchell - 1 Daniels - 1 Jr - 1 doesn't - 1 Tim Duy - 1
Top related locs:
Indiana St Washington
Top related orgs:
Louis Federal Reserve - 1 U.S - 1 Purdue - 1 St - 1 School of Business - 1 Federal - 1 Macro - 1 Fed - 1

Search resuls for: "Michael S. Derby Ann Saphir"


3 mentions found


☆ Fed hawk Bullard steps down to be dean at business school in Indiana
  + stars: | 2023-07-13 | by ( Michael S. Derby Ann Saphir | Michael S. Derby | Ann Saphir | ) www.reuters.com   time to read: +5 min
He said in the statement released by the St. Louis Fed that the regional bank "is well-positioned for ongoing success and impact." The St. Louis Fed said Kathleen O'Neill Paese, the regional bank's first vice president and chief operating officer, will act as interim president. The regional bank said its search committee will look nationally for a new leader, noting that its search will be "robust, transparent, fair and inclusive." While they operate under the oversight of the Board of Governors in Washington, regional Fed banks are quasi-private institutions technically owned by member banks. With Bullard's exit, there will be two unfilled regional Fed bank slots.
Persons: James Bullard, Bullard, Louis Fed, Mitchell, Daniels, Jr, doesn't, Tim Duy, Duy, Derek Tang, LH Meyers, Wrightson ICAP, Kathleen Bostjancic, Kathleen O'Neill Paese, Louis Fed's, Esther George, Michael S, Ann Saphir, Chizu Nomiyama, Paul Simao Organizations: Louis Federal Reserve, U.S, Purdue, St, School of Business, Federal, Macro, Fed, Purdue University, Minneapolis Fed, Nationwide, Brookings Institution, Governors, Kansas City Fed, Derby, Thomson Locations: Indiana, St, Washington
☆ Further Fed hikes expected after data dashes 'disinflation' hopes
  + stars: | 2023-02-24 | by ( Michael S. Derby Ann Saphir | Michael S. Derby | Ann Saphir | ) www.reuters.com   time to read: +4 min
"It's going to take more effort on the part of the Fed to get inflation on that sustainable downward path to 2%." She is among the minority of Fed policymakers who back in December thought they would need to lift the policy rate to 5.4% to stop inflation, while most believed 5.1% would suffice. Similarly none of the other Fed policymakers who spoke Friday, including the normally hawkish Governor Christopher Waller and St. Louis Fed President James Bullard, focused on the fresh inflation data to argue for a more muscular Fed response, though all continued to signal more rate hikes would be required. And traders largely erased what had been consistent bets on Fed rate cuts towards the end of the year, pricing in a year-end Fed policy rate of 5.26%. "It looks like the Fed will have to be more aggressive," said Yelena Shulyatyeva, an economist at BNP Paribas.
☆ Fed could push rates higher, keep them there longer, policymakers say
  + stars: | 2022-12-16 | by ( Michael S. Derby Ann Saphir | Michael S. Derby | Ann Saphir | ) www.reuters.com   time to read: +4 min
Inflation by the Fed's preferred measure is currently running at 6%, three times its 2% target. Inflation has cooled in recent months, as supply chain problems eased and higher interest rates have restrained the housing market. Over the past several rate-hiking cycles, the Fed raised rates and kept them there for an average of 11 months before cutting them. She said her own forecast for rates is in line with the 5.1% peak rate expected by the majority of her colleagues. Fed policymakers this week forecast GDP growing about a half-a-percent next year.
0 next >>
Total: 3