By Xavier Fontdegloria Switzerland’s National Bank on Thursday increased interest rates for a third consecutive time in as many meetings, but slowed the pace of rises as inflation pressures moderated. Read more
Tag: tightening
Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting this week. A hike of three-quarters of a Read more
Another Fed jumbo rate hike is expected next week and then life gets difficult for Powell
First the easy part. Economists widely expect the Federal Reserve to approve the fourth straight jumbo interest rate rise at its meeting next week. The three quarters of one percentage Read more
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked Read more
Yellen: Important to recognize there are international spillovers from central bank tightening in advanced countries
U.S. Treasury Secretary Janet Yellen on Thursday said that central banks must continue the task of fighting inflation but have to recognize that their tightening efforts can ripple through the Read more
IMF chief says central banks must keep tightening despite recession risks
Global central bankers need to continue to raise interest rates despite a fragile global economic outlook, the head of a key global financial institution said Thursday. Speaking ahead of meetings Read more
Fed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors, on Tuesday used his first speech to say that high inflation was his biggest concern. Read more
Fed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors, on Tuesday used his first speech to say that high inflation was his biggest concern. Read more
Fed must try to avoid a ‘harsh recession,’ Daly says
The Federal Reserve does not need to induce a deep recession in order to bring down high inflation, San Francisco Fed President Mary Daly said Thursday. “Inducing a deep recession Read more
Fed’s Mester cool to talk of potential ‘pause’ in rate hikes
Cleveland Federal Reserve President Loretta Mester on Thursday pushed back on the notion that the central bank might pause hiking interest rates out of a concern that something might “break” Read more
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