Fed Is ‘Methodically’ Tightening Policy to Neutral, Brainard Says
Fed Res Gov Lael Brainard said U.S. central bank will move “expeditiously” to raise interest rates to level neither stimulates nor slows economy.
Fed Res Gov Lael Brainard said U.S. central bank will move “expeditiously” to raise interest rates to level neither stimulates nor slows economy.
High and persistent inflation is turning the Fed from a suppressor of vol and source of returns to a source of vol and suppressor of returns.
National Economic Council Brian Deese said Monday that the U.S. is optimally positioned to address rising inflation woes.
"A half-percentage point increase in the Fed’s benchmark rate “is obviously worthy of consideration,” Evans, Fed Reserve Bank of Chicago president.
The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation.
Federal Reserve Bank of Cleveland President Loretta Mester said she’s confident that the U.S. will avoid a recession.
Federal Reserve Bank of Cleveland President Loretta Mester said she’s confident that the U.S. will avoid a recession.