The FOMC permanent voting committee and New York Federal Reserve President Williams will deliver a speech in ten minutes.
Ben Bernanke, the former Federal Reserve chairperson, has called for the central bank to provide the public with a fuller explanation of its interest rate decisions, as well as deeper analysis of potential forecast scenarios. "The release of specific alternative scenarios and their potential implications can drive a subtle but important shift in the Fed's communications strategy," Mr. Bernanke said in a note prepared for Friday's meeting at Fed headquarters in Washington.
The former New York Federal Reserve president recently warned that the easing of trade tensions could easily become "Fed poison", making monetary policy more difficult to operate. He could only express "sympathy" to Powell. Click to view...
The Reserve Bank of India is likely to cut interest rates in June, having previously been forecast for August, Barclays economists said in a note. India's April-June average inflation rate is expected to be around 3.0% -3.1%, well below the Reserve Bank of India's 3.6% forecast, which could prompt it to cut interest rates for the third time in a row at its June meeting. While the sequential slowdown in food prices may be coming to an end, overall price pressures remain under control and the May ...
Members of the Federal Reserve's Community Depository Institutions Advisory Committee (CDIAC) have expressed concerns about stablecoins issued by non-banks, according to recently disclosed minutes of the April 10 meeting. The committee believes that such stablecoins could accelerate the outflow of bank deposits and reduce the ability of community banks to provide loans to small and medium-sized enterprises and households. The committee compared stablecoins to...
Traders continue to bet that the Federal Reserve will cut interest rates for the first time in September and for the second time in October.
Fed funds rate futures further cut expectations of a Federal Reserve rate cut, with U.S. 10-year Treasury futures down 9 points.
Fed funds rate futures further cut expectations of a Fed rate cut, with U.S. 10-year Treasury futures down 9 points. (Golden Ten)
JPMorgan pointed out that when the Federal Reserve is torn between conflicting macroeconomic forces, it often ends up falling behind. Click to view...
Traders fully price the Fed to cut interest rates four times by 25 basis points by the end of 2025.
China International Capital Corporation Research Report believes that considering two scenarios, one is the lack of substantive progress in the negotiations between the United States and its trading partners, and the effective tariff rate of the United States is still very high after 90 days. At this time, the income effect is dominant, and economic demand is weakening or prompting the Federal Reserve to cut interest rates from July. The cumulative rate reduction for the whole year may reach 100...
Philip Jefferson, vice-chairperson of the Federal Reserve, said the central bank's goal of maintaining price stability and achieving full employment would help promote economic mobility in the US. "In a tight labour market, when individuals move up to higher positions, it frees up jobs for newcomers or less educated workers," Mr. Jefferson said in a speech for the Philadelphia Fed on Tuesday.
Coinbase has announced that it will add support for Reserve Rights (RSR) on the Base network.
Coinbase 宣布将在 Base 网络上添加对 Reserve Rights (RSR)的支持。
Goolsbee, president of the Chicago Fed, issued a stark warning: "Political interference will lead to runaway inflation and rising unemployment". But Trump said there was little inflation in the US and "Mr. Too Late" should cut interest rates. Click to view...