Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a…
— Read on www.marketwatch.com/story/the-fed-and-the-promise-of-a-vaccine-isnt-enough-to-protect-investors-from-a-potential-reckoning-top-economist-warns-11606671862
Tag: Federal Reserve
Fed seen holding rates at zero for five-years plus in new policy – BNN Bloomberg
Fed seen holding rates at zero for five-years plus in new policy – BNN Bloomberg
— Read on www.bnnbloomberg.ca/fed-seen-holding-rates-at-zero-for-five-years-plus-in-new-policy-1.1485027
Fed’s Esther George sees risks building of double-dip recession
The central bank official told CNBC the resurgence of Covid-19 “is an important risk to that outlook.”
— Read on www.cnbc.com/2020/08/26/feds-esther-george-sees-risks-building-of-double-dip-recession.html
Framework review complete, Fed’s Powell starts hard sell for higher inflation – Reuters
After a nearly two-year review, U.S. Federal Reserve officials feel they’ve hit on a better way to meet their key goals of steady inflation and maximum employment.
— Read on www.reuters.com/article/us-usa-fed-jacksonhole-framework/framework-review-complete-feds-powell-starts-hard-sell-for-higher-inflation-idUSKBN25M16E
Fed Seen Holding Rates at Zero for Five Years in New Policy – Bloomberg
The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy.
— Read on www.bloomberg.com/news/articles/2020-08-26/fed-seen-holding-rates-at-zero-for-five-years-plus-in-new-policy
Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation
Powell, who will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference, will outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level.
— Read on www.cnbc.com/2020/08/24/powell-set-to-deliver-profoundly-consequential-speech-changing-how-the-fed-views-inflation.html
Markets Tell the Fed It’s Finally Getting an Edge on Inflation
(Bloomberg) — The $20 trillion U.S. Treasury market is giving the Federal Reserve a thumbs-up for its efforts to revive inflation after the coronavirus pandemic threatened to inflict a damaging bout of deflation on the U.S. economy.The best measure of that is inflation-adjusted interest rates on 10-
— Read on ca.finance.yahoo.com/news/markets-tell-fed-finally-getting-090000751.html
Fed faces a ‘major challenge’ in making its new inflation strategy official
The Federal Open Market Committee’s meeting minutes for July will be released at 2 p.m. ET.
— Read on www.cnbc.com/2020/08/19/fed-faces-a-major-challenge-in-making-its-new-inflation-strategy-official.html
Fed decision: Interest rates held steady, economic growth is ‘well below’ pre-pandemic level
The Federal Open Market Committee released a statement following its two-day meeting that concluded Wednesday.
— Read on www.cnbc.com/2020/07/29/fed-meeting-decision-interest-rates.html
The Fed is juggling stimulus past and future – BNN Bloomberg
The Fed is juggling stimulus past and future – BNN Bloomberg
— Read on www.bnnbloomberg.ca/the-fed-is-juggling-stimulus-past-and-future-1.1472345