Category: Feds

  • Fed’s Daly sees inflation data improving, but says not at target yet

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  • ICYMI – Fed’s Beige Book eyes growth slowing, consumers tightening belts

    From the ForexLive Dictionary: The Beige Book is a report published by the Federal Reserve eight times a year that provides an overview of economic conditions in each of the 12 districts monitored by the Federal Reserve. The report is prepared using information from the Fed’s business contacts, economists, and…

  • Goldman challenges Fed’s demand it hold more capital after stress test, FT reports

    Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” conducted by the Fed, which is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress test…

  • Goldman challenges Fed’s demand it hold more capital after stress test, FT reports By Reuters

    (Reuters) – Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” by the Fed that is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress…

  • Fed’s Powell Testifies as Inflation, Hiring Cool

    Breadcrumbs Path Links PMN Business Jerome Powell is likely to tell lawmakers that Federal Reserve officials need more confirmation that inflation is slowing before they are in a position to cut interest rates, even as evidence mounts of weak growth and employment. Article author: Bloomberg News Red Beckert and Vince…

  • Fed’s Daly: The PCE data is ‘good news’ but the Fed is not done yet

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  • Fed’s Bowman: We have strong employment but haven’t quite reached our inflation goal

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  • Fed’s Bowman: We’re not at a point yet to consider a rate cut

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  • Fed’s Bowman: not yet at the point where it is appropriate to cut rates

    We have not yet reached the point where it is appropriate to lower interest rates. If the data shows that inflation is moving sustainably to 2%, a gradual rate cut will eventually become appropriate. Baseline expectations remain that inflation will return to 2% with interest rates remaining steady for some…

  • Fed’s Daly: Bumpiness of inflation data so far this year has not inspired confidence

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  • Week Ahead in FX (June 24 – 28): The Fed’s Preferred Inflation Measure & Global Inflation Updates

    Traders await a relatively less busy economic calendar with inflation updates from Japan, Canada and Australia taking the spotlight. Meanwhile, the US core PCE price index, the final GDP reading, and speeches from several FOMC members could encourage volatility between major dollar pairs. Before all that, ICYMI, I wrote a…

  • Fed’s Key Inflation Gauges May Offer Path to Rate Cuts

    (Bloomberg) — The Federal Reserve’s favored inflation gauges are poised to show the smallest monthly progress since late last year — a starting point for officials to start cutting interest rates, perhaps as soon as September. Most read from Bloomberg Economists expect no change in the PCE price index for…

  • Fed’s Favorite Underlying Inflation Gauge Is Seen Cooling

    Breadcrumb links PMN works The Fed’s first measure of inflation is poised to show some modest relief from stubborn price pressures, bolstering central bankers’ wisdom about the timing of interest rate cuts. Article writer: Bloomberg News Vince Juhl and Craig Sterling Posted on May 25, 2024 • 6 minute read…

  • US dollar dips vs yen after Fed’s Waller rules out rate hikes again By Reuters

    By Gertrude Chavez-Dreyfus and Stefano Ribaudo NEW YORK/MILAN (Reuters) – The U.S. dollar fell against the yen on Tuesday in a volatile session after Federal Reserve Governor Christopher Waller reiterated that raising interest rates is unlikely at this stage because inflation appears to be on track to meet the central…

  • How April CPI inflation data may influence the Fed’s rate path decision (DXY)

    With inflation remaining hotter than desired in the first quarter of 2024, the Fed’s first expected interest rate cut in more than four years continues to push through later in the calendar, with some wondering whether the central bank will lower its benchmark. Standard rate at all this year. Investors…

  • Chicago Fed Pres. Goolsbee: Feds inflation target acts as an anchor on expectations

    President of the Federal Reserve Bank of Chicago. Goolsbee speaks ahead of his moderated discussion with CNBC Liesman. The Fed’s inflation target is 2% after that as it is based on expectations Short-term inflation expectations are not what matters Unsurprisingly, the one-year forecast was higher At the moment there is…