Federal Reserve Bank of New York President John Williams endorsed the US central bank’s statement saying that this is the time to collect information on the risks to prices.
Argentina’s finance minister had some words of caution at an annual international confab recently amid broad enthusiasm over the resilience of emerging markets. Speaking little more than a week before a rout in Brazil’s markets, Luis Caputo warned, “Just one country — one important country — getting into trouble could probably generate a systemic risk and affect all of us.”
A trio of Federal Reserve officials reaffirmed the need for additional interest-rate hikes while counseling a gradual approach to tightening that would minimize disruptions to financial markets and the economy.
Federal Reserve Bank of Richmond President Tom Barkin argued that gradual interest rate hikes make sense at a time when inflation remains high amid low unemployment and solid economic demand.
Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation without offering a clear signal they might raise rates at their next meeting in December.
Federal Reserve Bank of New York President John Williams said he still sees one more interest-rate hike as appropriate this year, but at the moment doesn’t believe it will be necessary for the central bank to increase rates again in 2027.
Federal Reserve Bank of New York President John Williams said one more increase in interest rates will be appropriate this year, but he doesn’t think it will be necessary to hike them further in 2027.
Americans’ expectations for inflation in the short-term jumped last month while their sentiment toward the labor market improved, according to a Federal Reserve Bank of New York survey released Wednesday.
Federal Reserve Chairman Kevin Warsh has vowed to avoid sending clear signals to investors on where interest rates are headed. His top deputies made clear this week they’re willing to oblige — and investors showed they’re still listening.
Two Federal Reserve officials, including Vice Chair Philip Jefferson, suggested policymakers should take more time before deciding whether additional interest-rate increases are needed to slow inflation.
Federal Reserve Bank of New York President John Williams said one more interest-rate hike “late this year” may be appropriate to help contain inflation, prompting investors to dial back their expectations for an increase in October just before midterm elections.
Federal Reserve Bank of Philadelphia President Anna Paulson on Thursday joined the chorus of policymakers saying additional interest-rate increases may be needed to ensure inflation returns to the central bank’s 2% goal.
Federal Reserve Bank of Philadelphia President Anna Paulson on Thursday joined the chorus of policymakers saying additional interest-rate increases may be needed to ensure inflation returns to the central bank’s 2% goal.
Federal Reserve Bank of New York President John Williams said there is still a lot of work to do on inflation given high energy prices and demand driven by investment in artificial intelligence.
Federal Reserve Bank of New York’s Roberto Perli said the central bank will continue to evaluate the level of reserves, as purchases of Treasury bills are not on a pre-set course.
Federal Reserve Bank of Boston President Susan Collins said she supported last week’s decision to raise interest rates, which she said would help bring inflation back to the central bank’s 2% target.
Federal Reserve Bank of New York President John Williams said the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements was ahead of schedule.
The Federal Reserve is expected to lift interest rates on Wednesday for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank.
The Federal Reserve is expected to lift interest rates on Wednesday for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank.