Tag Archives: Fed

Eric Rosengren, president of the Federal Reserve Bank of Boston, spoke with Yahoo Finance to discuss inflationary pressures and what lies ahead for Fed policy. Below is a transcript of his appearance on June 25, 2021. – BRIAN CHEUNG: Joining us now here on Yahoo Finance is the president of the Federal Reserve Bank of Boston, Eric Rosengren. It’s great to see you, President Rosengren. I want to kick off our conversation as Alexis was saying, a lot of eyes are on Federal Reserve policymakers. But… Source link

Surging inflation is creating a conundrum for the Federal Reserve, economist Nouriel Roubini cautioned on Wednesday, adding that spiking prices will persist and potentially tie the central bank’s hands. With demand soaring, the resulting supply and labor bottlenecks are lighting a fire under prices. Although the Fed insists the effects are “transitory,” Roubini — also known as “Dr. Doom” for his gloomy economic predictions — warned that the central bank won’t be able to tighten monetary… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 17, 2021 The tapering conversation has begun. One of the most unique phrases the Federal Reserve has ever used to communicate with markets has been retired.  At least according to Federal Reserve Chair Jerome Powell. Asked Wednesday during a press conference about whether the Fed discussed plans to begin slowing down its pace of… Source link

Stock futures opened lower Wednesday evening as investors contemplated the Federal Reserve’s latest monetary policy decision and updated projections, which signaled a quicker path to higher interest rates than previously anticipated. Contracts on the S&P 500, Dow and Nasdaq added to earlier losses. Each of the three major stock indexes ended Wednesday’s session lower after the Fed’s new projections pointed to two rate hikes by year-end 2023. Federal Open Market Committee members also upgraded… Source link

The Federal Reserve on Wednesday held interest rates at near-zero but optimism over the progression of the U.S. economic recovery spurred more Fed officials to pencil in rate hikes by the end of 2023. The Fed also reiterated for now its commitment to its asset purchase program, which is absorbing about $120 billion a month in assets. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,”… Source link

Stock futures traded slightly higher Tuesday evening as investors looked ahead to a key monetary policy decision from the Federal Reserve. Contracts on the S&P 500 edged up. Earlier, the three major U.S. stock indexes closed out the session lower, with both the S&P 500 and Nasdaq pulling back from record highs logged earlier this week.  Traders are anxiously awaiting the conclusion of the Federal Reserve’s latest monetary policy meeting, which will culminate with a policy statement Wednesday… Source link

Stocks drifted to the downside on Monday in a muted start to the week, as traders awaited a key monetary policy decision from the Federal Reserve.  The S&P 500 ticked down after the index closed at a record high on Friday. The Dow also traded little changed to slightly lower, while the Nasdaq was roughly flat. Treasury yields ticked up, though the benchmark 10-year yield held well below 1.5%.  U.S. stocks are hovering near record levels, powered to fresh highs by a combination of rebounding… Source link

John Williams, president of the Federal Reserve Bank of New York, spoke with Yahoo Finance to discuss the labor market and the next steps for Fed policy. Below is a transcript of his appearance on June 3, 2021. — BRIAN CHEUNG: Joining us here in a Yahoo Finance exclusive interview is New York Fed President John Williams. Thank you so much for joining us here on the platform this afternoon. Obviously I want to kick things off with the economic data. A lot of eyes on the jobs report covering… Source link

John Williams, president of the Federal Reserve Bank of New York, spoke with Yahoo Finance to discuss the labor market and the next steps for Fed policy. Below is a transcript of his appearance on June 3, 2021. — BRIAN CHEUNG: Joining us here in a Yahoo Finance exclusive interview is New York Fed President John Williams. Thank you so much for joining us here on the platform this afternoon. Obviously I want to kick things off with the economic data. A lot of eyes on the jobs report covering… Source link

James Bullard, president of the Federal Reserve Bank of St. Louis, spoke with Yahoo Finance to discuss inflation risks and what lies ahead for Fed policy. Below is a transcript of his appearance on May 24, 2021. – AKIKO FUJITA: President Bullard, it’s good to talk to you today. When you look back at the more recent economic data, it really did feel like the CPI number that came out a few weeks ago kind of spooked the market. We’ve also seen what was really a disappointing jobs number back in… Source link