Tag Archives: Federal Reserve

The United States Federal Reserve might begin cutting back the massive asset purchases as early as October, Governor Christopher Waller told CNBC in an interview on Monday. “In my opinion, that’s substantial progress and I think you could be ready to do an announcement in September.” Waller thinks it all …

President of the Federal Reserve Bank of St. Louis, James Bullard, believes the United States Federal Reserve should take a decision about tapering the massive asset purchases in September and begin the process during the first quarter of next year. Bullard believes that monetary policymakers need to consider the possibility …

The United States Federal Reserve announced on Wednesday that it has decided to maintain interest rates unchanged at a 0% to 0.25% range, pointing to positive recovery signs by the economy despite the risks and concerns due to the coronavirus pandemic. As the Federal Reserve Open Market Committee (FOMC) concluded …

The United States Federal Reserve announced on Wednesday that it has decided to maintain interest rates unchanged at a 0-0.25% range, and the current pace of asset purchases at $120 billion a month. The Fed will continue to increase its holdings of Treasury securities by $80 billion per month and …

The United States Federal Reserve is holding its fifth policy meeting this year and it is expected that the discussion about the future of the massive asset purchases, as well as the increasing inflationary pressures, will take center stage in discussions amongst members of the Federal Open Market Committee (FOMC). …

The U.S. manufacturing sector continues to show some improvement signs, as shown by the results of the Federal Reserve Bank of Richmond survey, released on Tuesday. The Fifth District Survey of Manufacturing Activity’s composite index rose in July to 27 from 26 in June. The reading shows that manufacturing activity …

The Federal Reserve Chairman Jerome Powell has defended on Thursday the efforts by the central bank to support the U.S. economy amid recovery from the coronavirus pandemic, despite the recent surge in inflation. After speaking to the House Financial Services Committee Wednesday, today Powell spoke to the Senate Banking Committee. …

President of the Federal Reserve Bank of New York, John Williams, believe the Fed’s asset purchases is contributing to lower housing costs. Williams believe that not only do purchases of mortgage-backed securities reflect on the housing market, but so do the buying of Treasuries by the Fed. “Both of them …

The United States Federal Reserve presented its semi-annual Monetary Policy Report to Congress on Friday. The report pointed to the progress in vaccination against the coronavirus (COVID-19) and how it has helped a rebound in growth by reopening the economy, with the accommodative monetary and fiscal policy. Nevertheless, the pandemic …

President of the Federal Reserve Bank of Atlanta, Raphael Bostic, has warned that a new wave of the coronavirus pandemic with the Delta variant might hinder or slow the economic recovery, with an impact on consumer demand. “If we see spikes in infections that will likely mean that people are …