News list for " Transmission"
On February 12, "Federal Reserve Messenger" Nick Timiraos: The strong inflation data in January makes the case for the Federal Reserve to further "readjust" the path of interest rate cuts before the middle of the year untenable.
"Fed Messenger" Nick Timiraos: The strong inflation data in January makes the case for the Federal Reserve to further "readjust" the path of interest rate cuts before the middle of the year untenable. (Jin Ten)
Nick Timiraos, the Fed's megaphone, pointed to Fed meeting notes as further evidence that officials are broadly willing to keep rates on hold at their upcoming meeting at the end of the month. "Participants indicated that the committee is at or near the appropriate level to slow the pace of policy easing," the meeting notes said. Based on their current outlook for economic activity, officials believe the Fed is likely to continue cutting rates at a slower pace than in recent months.
On December 28th, Nick Timilaus, a famous reporter for the Wall Street Journal who is known as the "Federal Reserve's mouthpiece", recently published an article saying that the Federal Reserve is trying to re-evaluate the impact of the new Trump administration on the US economy and inflation. According to people familiar with the matter, Federal Reserve Chairperson Powell is very dissatisfied with the public remarks of some Federal Reserve officials because they more directly link the Fed's poli...
On November 8th, the Federal Reserve's "mouthpiece" and Wall Street Journal reporter Nick Timiraos commented on the Federal Reserve's interest rate decision in November: "The Federal Reserve decided to cut interest rates by 25 basis points on Thursday, but it released more uncertainty in the speed of continuing to cut interest rates. The Federal Reserve is still trying to prevent the sharp interest rate hikes of the past two and a half years from dragging down the economy. In a similar time fram...
On November 1st, "Federal Reserve mouthpiece" Nick Timiraos said that on a rounded basis, the unemployment rate announced today in the United States in October remained unchanged at 4.1%. But on an unrounded basis, the unemployment rate in the United States actually rose by about 0.1 percentage points this month, from 4.05% to 4.14%.
The Fed's two-and-a-half-year battle to reduce inflation appears to have succeeded, but the US election could change that, said Nick Timiraos, the Fed's mouthpiece. Both candidates support growth-boosting policies that could prevent inflation from falling further. But economists and even conservative advisers worry that Mr. Trump's views are particularly likely to provoke...
Market news: Apple (AAPL. O) is developing a stab-free blood sensor and is exploring products that could combat the diabetes epidemic; Apple employees test a blood sugar app to demonstrate its ambitions to enter the health industry.
On October 10, Nick Timiraos, "the voice of the Federal Reserve", said that at last month's meeting, Fed officials were divided on the size of the interest rate cut. The vast majority supported the larger 50 basis point rate cut that was finally approved, but others supported a smaller 25 basis point rate cut. Just released meeting notes opened up the discussion on why officials chose to start the first rate cut since 2020 with a bolder 50 basis point. The decision to cut rates to a range of 4.7...
The cross-chain messaging protocol is experiencing a resurgence in cross-chain messaging after announcing its second airdrop campaign, with the average daily message volume rising to 98,000 on Saturday. The recent surge represents a 433% increase from the previous low of 18,400 messages, indicating renewed interest in the agreement. The agreement's recent activity has been lackluster, with daily average messages hovering around 20,000 for weeks. The announcement of the second round of airdrops a...
