News list for " federal reserve"
New York Fed President William Williams said some of the latest data were encouraging and showed more signs of slowing inflation. He also pointed out that the consumer price index (CPI) data is somewhat distorted and may be slightly depressed, and more data is needed to make an accurate judgment on the inflation situation.
Federal Reserve Governor Waller: Will emphasize to US President Trump the importance of the independence of the Federal Reserve. The Federal Reserve remains accountable to the American public.
Adam Button, an analyst at the financial website Investinglive, said the Fed's announcement of the reappointment of 11 regional Fed chairpeople was only a formality, but the Federal Reserve Board of Governors did have a say in the appointment of regional Fed chairpeople. In any case, all regional Fed chairpeople were unanimously approved for five-year terms. If Trump can control the Federal Reserve Board of Governors, which in turn could further influence the appointment of regional Fed governor...
On December 10, CryptoQuant analyst Axel posted on social media that Bitcoin has resumed its bullish structure after pulling back to $80,000. The move comes as the market has almost fully priced in the Federal Reserve's third consecutive interest rate cut, a move that will improve financial conditions and open a window for further asset gains in the absence of a hawkish surprise signal from Powell. Prices have shown a steady upward trend over the past 14 days after the October peak pullback to t...
According to a CNBC survey, while 84% of respondents expect Trump to nominate Kevin Hassett, director of the National Economic Council, to take over as Fed chairperson, only 11% think he is the right candidate. While 47% of respondents favor Christopher Waller, a Fed governor, and 23% support Kevin Warsh, only 5% think Trump will choose either. Markets are concerned about whether Hassett can maintain the Federal Reserve's dual mandate of price stability and full employment, and whether he can ma...
Bond traders are betting that the Federal Reserve's rate-cutting path over the coming year will be shallower and shorter than previously expected, part of a global market bet that major central banks will slow or stop monetary easing. In addition to a 25 basis point rate cut expected on Wednesday, traders now expect the central bank to total just 5 percent in 2026, futures and options trading showed.
Brainard, a former Fed vice chair, said in an interview that if she attends the upcoming FOMC meeting, she may opt for a hawkish rate cut. She noted that in the absence of official data, employment data from non-government data sources will be referenced. Brainard favors another rate cut and has pledged to bring inflation down to 2 percent over the next two years. She stressed that for Americans, the top issues are inflation and prices. (Golden Ten)
At a press conference, Reserve Bank of Australia President Brock emphasized that inflation risks are skewed to the upside, noting that inflation and employment data will be crucial to the February meeting next year. For this meeting, Brock said that the possibility of raising interest rates has not been explicitly considered, nor has the option of cutting interest rates been considered, but there has been discussion about the possible need to tighten policy. However, Brock said that if inflation...
Mr. Bescent, the US Treasury secretary, said on Wednesday he planned to push for a requirement that the 12 regional Fed presidents reside in their jurisdictions for at least three years before being appointed to lead them. Mr. Bescent said he would push for future appointments of candidates who did not meet that requirement, with the Fed's board of governors in Washington exercising veto power. "The Fed chairperson and the board of governors... have the final say on who is chosen to the boards o...
Bank of America Global Research said on Monday that it now expects the Federal Reserve to cut interest rates by 25 basis points at its December meeting in light of weak labor market conditions and recent comments from policymakers suggesting an early rate cut. The bank had expected the Fed to keep rates unchanged at its December meeting, and now forecasts another 25 basis points in June and July 2026.
