Economy Despite higher interest rates, the OECD sees the global economy avoiding recession in 2023 Source link Source link
Read MoreTag: Fed
India’s benchmark indices closed near two-week lows and the rupee weakened 0.2 per cent against the US dollar on Monday as rising Covid cases in China and talk of persistent rate hikes by US Federal Reserve officials unnerved the markets. This is a sharp reversal of sentiment from a week ago when […]
Read MoreKANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview. “I’m looking at a labor market that is so tight, […]
Read MoreInflation eased last month to the slowest pace since January but remained high, which could keep Federal Reserve officials on track to start slowing the pace of interest-rate rises aimed at taming price pressures. The Labor Department on Thursday said that its consumer-price index increased 7.7% in October from the same month a year ago, […]
Read MoreEconomy Central bank identifies near-term threats in Financial Stability Report Source link Source link
Read MorePolicy makers are looking for signs of reduced wage growth as they work to control inflation. Source link Source link
Read MoreBut Chairman Jerome Powell didn’t explain how the so-called terminal rate will be determined, leaving open the risk the central bank will overdo its tightening cycle. Source link Source link
Read MoreThe Fed is expected to announce a three-quarters of a percentage point rate hike for the fourth consecutive time Wednesday afternoon. But investors hope Fed chair Jerome Powell will suggest that… #percentagepointratehike #jeromepowell #quillintelligence #danielledimartinobooth #ratehike #chiefstrategist Source link Source link
Read MoreEconomy U.S. Economy Officials signal a possible slowdown in the pace of rate rises by acknowledging how increases influence the economy with a lag Source link Source link
Read MoreWorld equity markets rallied on Wednesday and the dollar eased, with investors appearing to look past another likely rise in U.S. interest rates and hoping for a slow down in the pace of… #tightening Source link Source link
Read MoreA strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg said. Nearly half of the economists said that international fallout from a strong dollar was either somewhat likely or very likely to spill […]
Read More