(Bloomberg) — Treasury Secretary Janet Yellen said that it’s the Federal Reserve’s job to avert any wage-price spiral and that she understands the “reasoning” behind plans at the central bank to scale back its asset purchases.Most Read from Bloomberg‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsReliving the New York Subway Map DebateAutomating the War on Noise PollutionChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly Veter
— Read on ca.finance.yahoo.com/news/yellen-says-fed-job-avoid-150601981.html
Tag: Federal Reserve
Fed must hike interest rates to cut stagflation risks: Stephen Roach
If rising prices aren’t contained quickly, former Federal Reserve economist Stephen Roach warns inflation could morph into stagflation.
— Read on www.cnbc.com/2021/11/15/fed-must-hike-interest-rates-to-cut-stagflation-risks-stephen-roach.html
Treasuries Resume Slide on Concern Inflation to Force Fed’s Hand – Bloomberg
Treasuries reopened with further losses following a U.S. holiday Thursday as the fallout from this week’s shock U.S. inflation print continued to reverberate through global markets.
— Read on www.bloomberg.com/news/articles/2021-11-12/treasuries-resume-selloff-on-worry-inflation-to-force-fed-s-hand
Yellen Says Fed Wouldn’t Allow Repeat of 1970s-Level Inflation – Bloomberg
Treasury Secretary Janet Yellen repeated her view that elevated U.S. inflation won’t persist beyond next year and said the Federal Reserve will act if needed to prevent a rerun of 1970s-style price rises.
— Read on www.bloomberg.com/news/articles/2021-11-09/yellen-says-fed-wouldn-t-allow-repeat-of-1970s-level-inflation
Fed Warns of Peril in Run-Up of Risky Asset Prices, Stablecoins
(Bloomberg) — The Federal Reserve is warning that prices of risky assets keep rising, making them more susceptible to perilous plunges if the economy takes a turn for the worse, and cited stablecoins as an emerging threat. Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?What It Means to Design a Space for ‘Care’COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific Forces a Native Village to Move.
— Read on ca.finance.yahoo.com/news/fed-warns-risky-asset-prices-210000547.html
Why the taper will be good for the stock market, according to history
The Fed bond taper is here, market history says stocks will gain. The 2013-2014 taper, even though know for its ‘tantrum,” was a strong period for equities.
— Read on www.cnbc.com/2021/11/07/why-the-taper-will-be-good-for-the-stock-market-according-to-history.html
U.S. bonds: Treasury yields fall ahead of Fed policy meeting
U.S. Treasury yields fell on Tuesday morning, as the Federal Reserve is set to kick off its two-day policy meeting.
— Read on www.cnbc.com/2021/07/27/us-bonds-treasury-yields-fall-ahead-of-fed-policy-meeting.html
Ripples of Fed’s Inflation Disquiet Keep Spreading: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The shifting sands of global inflation will focus central bankers from Ottawa to Wellington in coming days after a month of mounting concern about consumer prices among counterparts including the U.S. Federal Reserve.The Bank of Canada, which is already in the vanguard of Group of Seven economies dialing back stimulus, will continue that on Wednesday, with officials seen cutting weekly
— Read on ca.finance.yahoo.com/news/ripples-fed-inflation-disquiet-keep-200000151.html
Ron Insana: The bond market agrees with the Federal Reserve — inflation is temporary
Falling yields, including the 10-year Treasury’s sharp decline, suggest the bond market believes inflation won’t stick around.
— Read on www.cnbc.com/2021/07/11/ron-insana-the-bond-market-agrees-with-the-federal-reserve-inflation-is-temporary.html
Federal Reserve gives U.S. banks a thumbs-up as all 23 lenders easily pass 2021 stress test
If there was an anticlimactic note to this year’s test, it’s because the industry underwent a real-life version when the coronavirus pandemic struck.
— Read on www.cnbc.com/2021/06/24/federal-reserve-gives-us-banks-a-thumbs-up-as-all-23-lenders-easily-pass-2021-stress-test.html