Tag: Inflation

Fed’s Top Inflation Hawk Isn’t Opposed to Overshooting 2% Goal

(Bloomberg) — Federal Reserve Bank of Kansas City President Esther George, who has been among the most hawkish Fed policy makers, doesn’t oppose some overshooting of the central bank’s 2% inflation target and sees more risk of price pressures being too weak than too strong.“I have never thought of 2%
— Read on ca.finance.yahoo.com/news/fed-top-inflation-hawk-isn-110000303.html

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

Inflation at 12% Awaits India if RBI Funds Debt, Rabobank Says – Bloomberg

India can expect inflation to surge to more than double the central bank’s target and the currency could lose a quarter of its value if the Reserve Bank of India begins printing money to fund the government’s spending.
— Read on www.bloomberg.com/news/articles/2020-07-21/inflation-at-12-awaits-india-if-rbi-funds-debt-rabobank-says