Strong household finances may mean Fed must to do more -Kashkari
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday suggested that because household finances are in some cases in better shape than before …
Fed
Fed has ‘important but quite limited’ authority to police climate change risk, says nominee Barr
WASHINGTON – The Federal Reserve has “important but quite limited” authorities to police financial risks emanating from climate change, according to Michael Barr, President Biden’s …
Mid-Atlantic factory activity at 2-year low, Philadelphia Fed says
(Reuters) – Factory output growth in the U.S. Mid-Atlantic region decelerated far more than expected in May, and the business outlook for the next six …
Fed nominee Barr says he’s committed to bringing down inflation
By Lindsay Dunsmuir and Pete Schroeder (Reuters) – U.S. Federal Reserve nominee Michael Barr, nominated by Democratic President Joe Biden to be the central bank’s …
Brazil should speed up Eletrobras privatization before Fed hikes rates, official says
By Marcela Ayres and Bernardo Caram BRASILIA – Monetary tightening in the United States makes it all the more pressing to speed up the privatization …
Quotes: Powell says Fed won’t hesitate to move past neutral
(Reuters) – The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear inflation is declining, Fed chair Jerome Powell said …
U.S. economic outlook weakens, inflation set to persist – Philly Fed survey
(Reuters) – The U.S. economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve …
U.S. Senate panel to question Fed nominee Barr on May 19
WASHINGTON – President Joe Biden’s second pick to serve as the top regulatory official at the Federal Reserve will be questioned by the U.S. Senate …
Bullard: April inflation ‘hot’ but does not see 75 bp Fed rate increase ‘for now’
(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. …
Fed’s Bostic: Rising market yields show Fed retains credibility
JACKSONVILLE, Fla. – Risings interest rates on home mortgages, U.S. Treasury bonds and other key forms of credit show the Federal Reserve remains credible in …
Mester: MBS sales could mean market losses for Fed
By Howard Schneider AMELIA ISLAND, Fla. – If the Federal Reserve sells any of its holdings of mortgage backed securities it may have to do …
ARK’s Wood sees global recession, blames market selloff on Fed hike plan
By David Randall NEW YORK – The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal …
U.S. household debt nears $16 trln, but mortgage, auto loan demand wanes – NY Fed
(Reuters) – U.S. household debt rose to a record $15.84 trillion in the first quarter driven almost entirely by a $250 billion increase in home …
Inflation, Ukraine war seen as chief financial risks -Fed report
(Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to the U.S. financial …
U.S. consumer short-term inflation outlook dips, spending plans rise -NY Fed survey
(Reuters) – U.S. consumers’ inflation expectations one year from now dipped in April but their view of inflation over the medium-term rose and household spending …
JPMorgan says EM debt at ‘mercy’ of Fed, cuts Nigeria from overweight
By Rachel Savage LONDON – Emerging market sovereign debt is at the “mercy” of the Federal Reserve’s interest rate decisions, JPMorgan analysts said in a …
Fed says banks in good shape despite volatility, warns on prime broker risk
By Pete Schroeder WASHINGTON – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened volatility and geopolitical risk, but cautioned …
U.S. rate futures price in 75% chance of 75 bps Fed hike in June
By Gertrude Chavez-Dreyfuss NEW YORK – Futures on the federal funds rate priced in on Thursday a roughly 75% chance of a three quarters of …
U.S. rate futures price in 70% chance of 50 bps hike in June Fed meeting
(Reuters) – Futures on the federal funds rate have priced in a roughly 70% chance of another half a percentage-point tightening at next month’s meeting …
Analysis-U.S. real rates up on hawkish Fed but inflation risk looms
By Davide Barbuscia NEW YORK – A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is …
Investor pessimism mounts as more Fed rate hikes loom
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK – Stock market investors are heading into the U.S. Federal Reserve’s rate-setting announcement particularly pessimistic, with …
Fed expected to step up inflation fight with big rate hike
By Ann Saphir WASHINGTON – The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the …
As some states hit record low unemployment, Fed faces tough adjustment
By Howard Schneider WASHINGTON – When Georgia matched its record low unemployment rate of 3.4% last October, officials in the southern U.S. state could, in …
U.S. junk bonds drop to lowest in over two years ahead of Fed meeting
By Davide Barbuscia NEW YORK – The price of a major U.S. junk bond exchange traded fund (ETF) fell to its lowest in over two …
COVID threatens new U.S. Senate delays for Biden’s Fed, FTC nominees
By David Morgan WASHINGTON – An effort by U.S. Senate Democrats to move forward on President Joe Biden’s nominees for the Federal Reserve and Federal …
The Fed wants to cool the U.S. housing market. Here’s what that feels like
By Ann Saphir and Lindsay Dunsmuir (Reuters) – In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a …
Gold dips as bond yields rise before Fed meeting
By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected …
Market volatility, balance sheet surprises raise risk of bumpy Fed pivot
By Howard Schneider (Reuters) – The Federal Reserve is expected to approve plans next week to reduce a nearly $9 trillion balance sheet that ballooned …
White House calls on Senate to vote on Fed nominees this week
WASHINGTON – The White House on Monday called on the U.S. Senate to vote this week on its nominees to lead the Federal Reserve Board …
China capable of adapting to U.S. Fed policy changes – FX regulator
BEIJING – China is capable of adapting to policy changes from the U.S. Federal Reserve and authorities expect uncertainties abroad to have a smaller impact …
Analysis-Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes
By Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss (Reuters) – A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears …
Zero to neutral in 9 months marks a defining pivot for Fed, Powell
By Howard Schneider WASHINGTON – With even the most dovish U.S. central bankers now calling for a key interest rate to hit its “neutral” level …
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
By Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the …
Fed’s Bostic says slowing global growth a reason for Fed to be “cautious” – CNBC
WASHINGTON – The potential for a global economic slowdown is reason for the Fed “to be cautious” as it raises interest rates in coming months, …
BOK governor nominee flags further policy tightening, but at more sedate pace than Fed
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary …
Fed aims to bring elevated inflation under control: Mester
(Reuters) – The Federal Reserve’s aim is to raise rates quickly enough to bring down inflation without pushing the U.S. economy into recession or damaging …
U.S. consumers up view of inflation, spending in coming year, NY Fed survey finds
(Reuters) – U.S. consumers boosted their expectations for inflation and household spending in the year ahead as the price of gas and food steepens, but …
Beaten-down growth stocks alluring as Fed slows U.S. economy
By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal …
U.S. Fed nominees move a step closer to confirmation
By David Morgan (Reuters) – President Joe Biden’s nominees to the Federal Reserve moved a step closer to confirmation Thursday after U.S. Senate Majority Leader …
Ex-Goldman executive banned from banking over mishandling of documents, Fed says
(Reuters) -A former Goldman Sachs <GS.N> managing director has been permanently barred from the banking industry over mishandling confidential documents leaked from the New York …
Gold eases as dollar, yields rise after hawkish Fed minutes
By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated …
Stock rebound wobbles as investors zero in on hawkish Fed
By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor …
Analysis-Aggressive Fed balance sheet runoff could jolt flattened yield curve
By Karen Brettell and Davide Barbuscia (Reuters) – Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the …
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy?
Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy? Harry Wilmerding on April 6, 2022 Leading economists and financial institutions said …
U.S. dollar to stay dominant so long as Fed stays hawkish: Reuters poll
By Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will remain dominant for now so long as the Federal Reserve stays a hawkish …
Barkin: Fed has time to reach a more neutral rate given ongoing pandemic effects
(Reuters) – The Federal Reserve “has some time” to raise rates towards a more neutral level, Richmond Fed President Thomas Barkin said Wednesday, a counter …
Fed Chair Powell worked the weekend after Russia’s invasion began
By Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell worked through the weekend after Russia’s Feb. 24 invasion of Ukraine, meeting with staff on …
Prices Are Still Rising Despite The Fed Saying Everything’s Under Control
Prices Are Still Rising Despite The Fed Saying Everything’s Under Control Harry Wilmerding on March 31, 2022 The price of goods throughout the economy rose …
As Fed trains sights on inflation, doves fade from view
By Ann Saphir and Howard Schneider (Reuters) – In mid-March, U.S. central bankers raised interest rates for the first time since 2018 and published projections …
Column-Funds flock back to curve flatteners after Fed lift-off: McGeever
By Jamie McGeever ORLANDO, Fla. – Hedge funds bet correctly on the U.S. yield curve flattening after the Fed kicked off its interest rate-raising cycle …