News list for " Meister"
An analyst named Tuur Demeester has warned against a recent document released by the European Central Bank (ECB) that foreshadows the possibility of regulation, heavy taxation, or even an outright ban on bitcoin. The report, "The Distributive Consequences of Bitcoin," argues that the rise in cryptocurrency prices disproportionately benefits early adopters, which it says puts later investors at a disadvantage.
Former Cleveland Fed President Meister: There is a good reason for a series of 25 basis point Fed rate cuts.
Fed Mester: At some point we will start easing policy. We don't have to rush to ease policy.
Federal Reserve Messer and Kashkali will give speeches in ten minutes.
Cleveland Fed Chairman Mester said on Tuesday that if data supports, the June policy meeting may be the time for the start of loose policy. "If the economy continues to develop as expected, inflation continues to fall towards 2%, and the labor market and economic growth remain stable, then I believe it is appropriate to start lowering the federal funds rate later this year," Mester said. She also expects to not receive enough information before the next meeting (May) to make a decision to lower ...
Federal Reserve Messer: We will not anticipate the FOMC meeting, but we cannot rule out a rate cut in June.
Federal Reserve Messer: It is expected to cut interest rates three times this year.
Federal Reserve Williams will host a discussion in ten minutes, and Federal Reserve Mester will give a speech on the economic outlook in fifteen minutes.
Federal Reserve Mester: It is still expected that the Federal Reserve will lower interest rates later this year, and there is not enough reason to lower rates at the next meeting.
The Federal Reserve's Mester said that if the economy develops as expected, interest rates can be lowered later this year, and he does not believe that there will be enough information to support the rate cut before the May meeting; The view on inflation has not changed much since the beginning of the year; Upgraded economic growth forecast for 2024, currently above 2%.
