The President of the Federal Reserve Bank of Dallas, Robert Kaplan, said on Friday that he expects enthusiastic debates inside the United States Federal Reserve about the time when they will begin reducing the current pace of monetary easing policies. Kaplan did not offer his assumption on when could that …
Read More »U.S. Fed Maintains Interest Rates Unchanged
The United States Federal Reserve’s Federal Open Market Committee (FOMC) has decided on Wednesday to maintain interest rates unchanged at a record low between 0% and 0.25%. The decision comes following a two-day meeting that concluded today. The Fed has reiterated its commitment to using its full range of tools …
Read More »What to Expect from the Fed’s January Meeting?
The Untied States Federal Reserve is highly expected to maintain interest rates unchanged during its January meeting, which concludes later on Wednesday. The two-day meeting is also expected to maintain the current pace of asset purchases. Furthermore, the Fed will surely reiterate its commitment to supporting the American economy until …
Read More »Why the Fed is Set to Maintain its Easing Policies During 2021?
The United States Federal Reserve is planning to maintain its easing policies for the foreseeable future, despite expectations that the new administration, led by the Democratic President-elect Joe Biden, will roll out new massive economic stimulus to help the American economy cope with the complications of the Coronavirus pandemic. Last …
Read More »Fed’s Powell Vows to Continue Easing until Economy Recovers
The Chairman of the United States Federal Reserve, Jerome Powell, said on Thursday that the Fed will continue its easing policy, keeping interest rates at record low levels for the foreseeable future, until the American economy recovers from the impact of the Coronavirus pandemic. “When the time comes to raise …
Read More »Fed’s Rosengren: Economy Facing Weakness Risk in Coming Months
The United State economy is facing the risk of significant weakness during the coming months until Coronavirus vaccines are distributed, said the President of the Federal Reserve Bank of Boston, Eric Rosengren. “I am expecting that the labor market is going to be stagnant for the next couple months until …
Read More »Fed’s Brainard: It is Too Early to Call Achieving Targets
The United States Federal Reserve will continue to support the economy on its road to recovery from the Coronavirus pandemic, Member of the Federal Reserve Board of Governors, Lael Brainard said on Wednesday, the Wall Street Journal reported. “We are strongly committed to achieving our maximum-employment and average inflation goals.”“It …
Read More »How the Fed is Focusing on Economic Recovery
The United States Federal Reserve now has a clearer focus on the American economy’s path to recovery, Reuters reported, citing official sources. There is also optimism that the peaceful transition of power to a new administration on January 20 will help increase government stimulus and the distribution of vaccines, which …
Read More »Fed Expecting to Hike Rates in 2023
Investors seem to be expecting the United States Federal Reserve to maintain the historically low interest rates for two and a half more years, Reuters reported. It is now expected that an interest rate hike could take place by the second half (H2) of 2023, supported by increased government stimulus …
Read More »Fed’s Clarida: Vaccines Improving Economic Outlook in 2021
The United States Federal Reserve Vice Chair Richard Clarida said on Friday that the distribution of Coronavirus vaccines is improving the outlook for the American economy in 2021, Reuters reported. “The economy has turned out to be more resilient in adapting to the virus and more responsive to monetary and …
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