Atlanta Federal Reserve President Raphael Bostic last Wednesday, September 4, announced his readiness to cut interest rates and separately noted that he does not perceive as an obstacle to appropriate action the fact that currently, the inflation gauge is higher than the target of the central bank of the United States.
Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates.
Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.
Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.
A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.
The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.
Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.
Federal Reserve Chairman Jerome Powell said last Monday, July 15, that three inflation readings in the United States for the second quarter of the current year to a certain extent contribute to strengthening confidence that the growth rate of the cost of goods and services is on a trajectory of a gradual return to the […]
The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.
Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.
On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.
Federal Reserve Governor Michelle Bowman said on Tuesday, June 25, that it was not yet time to start cutting interest rates, noting that she would be ready to raise borrowing costs if inflation rates did not show a slowdown.
The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, on Tuesday, May 28, during a conversation with media representatives, said that the financial regulator of the United States should wait for signs and evidence of more significant progress in efforts to combat inflation before proceeding with the implementation of the decision to ease […]
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
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