The U.S. economy grew slightly faster in the early spring and businesses added more workers, a Federal Reserve survey found, but there was little progress in…
— Read on www.marketwatch.com/story/feds-beige-book-finds-steady-economic-growth-but-little-progress-in-reducing-inflation-8cd1e19e
Tag: Federal Reserve
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage – Bloomberg
This was supposed to be the year that US inflation rode the last mile down to 2%, letting the Federal Reserve steadily reduce interest rates from a two-decade high. Now those expectations have been dashed.
— Read on www.bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
Fed’s Loretta Mester Expects Inflation to Fall Further – Bloomberg
Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place, adding that the central bank shouldn’t be in a hurry to cut interest rates.
— Read on www.bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Wall Street pushes out rate-cut expectations, sees risk of no action until 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
— Read on www.cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns | Morningstar
Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns | Morningstar
— Read on www.morningstar.com/news/marketwatch/2024040947/interest-rates-could-hit-8-or-more-and-wars-are-creating-outsize-geopolitical-risks-jamie-dimon-warns
Reserves of Depository Institutions: Total (TOTRESNS) | FRED | St. Louis Fed
Graph and download economic data for Reserves of Depository Institutions: Total (TOTRESNS) from Jan 1959 to Feb 2024 about adjusted, reserves, and USA.
— Read on fred.stlouisfed.org/series/TOTRESNS
Fed Balance Sheet Normalization and the Minimum Level of Ample Reserves | Richmond Fed
Just by allowing the securities in its portfolio to mature, the Fed could reach a normalized size of its balance sheet in two to three years.
— Read on www.richmondfed.org/publications/research/economic_brief/2023/eb_23-07
Liquidity Regulations and Banks’ Demand for Reserves | St. Louis Fed
How are U.S. banks’ reserve holdings correlated with factors associated with liquidity regulations?
— Read on www.stlouisfed.org/on-the-economy/2019/march/banks-demand-reserves-face-liquidity-regulations
Wall Street Increasingly Doubts Fed Can Meet 2% Inflation Target
(Bloomberg) — Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets W
— Read on ca.finance.yahoo.com/news/wall-street-increasingly-doubts-fed-170000100.html
Fed didn’t have enough data on financial stability to ‘override’ monetary policy: Fmr. Fed president
Former President of the Federal Reserve Bank of Atlanta Dennis Lockhart joins the Live show to discuss why the FOMC decided to raise interest rates by 25 basis points.
— Read on ca.finance.yahoo.com/video/fed-didnt-enough-data-financial-195427757.html