Not Enough Reason to Pause Rate Hikes, Fed Official Claims
The Federal Reserve Bank of Cleveland President Loretta Mester revealed on Wednesday that she sees no "compelling" reason for the U.S. central bank to consider pausing its interest rate hikes during its next policy meeting.
"I don't really see a compelling reason to pause," Mester stated...
U.S. Jobs Report Expected to Provide Fed With Rate Hike Relief
Government data due to be released next week is expected to show a decline in U.S. employment, thereby providing the Federal Reserve with the leeway it needs to be able to ease up its interest rate hikes in an effort to slow down inflation.
According...
Bond Traders Lose Belief That Fed Rate Hikes are Nearing an End
Bond traders are increasingly losing the belief that the Federal Reserve is done with its interest rate hiking policy. Now, the odds of a quarter-point rate hike next month have been placed at 40%.
In addition to a slew of economic data due to be...
Fed Unlikely to Reach 2% Inflation Target, Wall Street Analysts Claim
A growing number of Wall Street asset managers and analysts are becoming convinced that the Federal Reserve is unlikely to reach its target of 2% inflation within the next year. This comes after several bond-market bets were made in which the central bank was...
U.S. Inflation Expected to Remain Steady, Making Challenging Decision for the Fed
The latest round of U.S. price pressures has added to the Federal Reserve's uncertainty over whether there will be a change to its interest rate policy during its next policy meeting, Yahoo Finance reported on Saturday.
Various Federal Reserve officials stated earlier during the week...
Federal Reserve Policy on Right Track, Officials Say
U.S. Federal Reserve officials stated on Friday that they believe that the central bank's interest rate policy has been advancing in the right direction in the fight against inflation. This comes after the Fed raised its target range for the benchmark rate to 5%-5.25%...