News list for " said that the Federal Reserve"
Federal Reserve Chairperson Jerome Powell said the Federal Reserve may have to adjust its policy rate on tariffs.
Powell said the Federal Reserve is not in a hurry to cut interest rates, which reignited market demand for the dollar. The US index currently maintains a high range of fluctuations, and CPI data may help it achieve a breakthrough.
Federal Reserve Chairperson Jerome Powell said that the Federal Reserve cannot control long-term interest rates, which are determined by supply and demand in the bond market; the risk perspective of budget deficits and inflation expectations is one of the main factors contributing to the rise in long-term interest rates.
Federal Reserve Chairperson Jerome Powell says the Fed remains focused on achieving its dual-mandate goals of maximum employment and stable prices for the benefit of the American people. The economy is generally strong and has made significant progress toward their goals over the past two years. Labor market conditions have cooled from their previous overheating and are holding steady. Also, while it remains somewhat high, inflation has moved closer to the Fed's long-term goal of 2 percent.
Mr. Daley said the Fed did not need to pre-empt, still needed to return inflation to its 2 per cent target and needed to assess the "scope, scale and timing" of Mr. Trump's policies.
Wells Fargo said it is increasingly unlikely that the Federal Reserve will cut interest rates in March.
Goldman Sachs said in a report that its forecast for the Federal Reserve to cut interest rates this year has been reduced from 1% to 0.75%, and reports of its rebound in underlying inflation have been greatly exaggerated. Core PCE inflation rose by an annualized 2.5% from September to November last year, slightly higher than the 2.3% increase in the previous three months, but lower than the 2.8% year-on-year increase, which is still in line with the phenomenon of continued decline...
Hammack said the Federal Reserve is not involved in bitcoin, but is concerned about the development of cryptocurrencies.
Mr. Hammack said the time had "come or will come" for the Fed to slow the pace of rate cuts.
During Trump's campaign, he said he should be consulted on the Fed's interest rate decisions. Fed Chairperson Jerome Powell did not ignore these remarks, making it clear that he would not resign if Trump asked him to do so - on the grounds that the president does not have the legal authority to remove him from office. These developments set the stage for a confrontation between the Fed and the incoming president, TS Lombard economist Dario Perkins (...
Federal Reserve Chairperson Jerome Powell said the central bank could adjust policy limits more slowly or more quickly and would continue to make decisions on a meeting-by-meeting basis. If the economy remains strong and inflation does not fall back to 2 percent, policy can be adjusted more slowly.
Federal Reserve Chairperson Jerome Powell said that the Federal Reserve has not declared a victory on inflation, but the situation is encouraging; he wants to see inflation near 2% for some time; housing inflation is a bit upsetting; housing inflation is falling more slowly than expected; and other elements of inflation are already doing well.
The Federal Reserve's Bostic said that the Federal Reserve's policy has paid off, and we can begin to gradually return to a normal policy stance. We cannot wait until inflation falls back to 2% before adjusting the policy rate.
Federal Reserve Chairperson Jerome Powell said the Fed does not have the authority to issue a central bank digital currency (CBDC). Authorization to issue a central bank digital currency is not sought.
Federal Reserve Chairperson Jerome Powell said the Fed has used ChatGPT to generate questions that may be asked at press conferences, but it has not yet been used for monetary policy.
