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As FOMC Meet Nears, Here's What Different Fed Officials Think About Rate-Hike Pace
Wednesday, January 18, 2023 - 11:33pm | 555Despite signs of inflation having peaked and economic activity witnessing a slowdown, Federal Reserve officials have reportedly stated they will continue with more rate hikes, with many in favor of taking the top policy rate to 5%. "I just think we need to keep going, and we'll...
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Lower Rate Hikes Ahead? How Fed Officials Reacted To December Inflation Data
Thursday, January 12, 2023 - 11:01pm | 485Federal Reserve officials on Thursday reportedly sounded relief that inflation continued on its downward path in December, which could likely lead to a step down to a 25 bps interest rate hike at the FOMC meet in early February. The consumer price index rose 6.5% in December, down from 7....
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Fed's Bullard Thinks Probability Of Soft Landing Is Up This Year: 'Fight Inflation Now...Get It Back To 2%'
Friday, January 6, 2023 - 8:02am | 490St. Louis Federal Reserve President James Bullard has reportedly expressed optimism that 2023 could finally bring relief from inflation and that the risk of a U.S. recession has come down in recent weeks. The Federal Open Market Committee “has taken aggressive action during 2022, with ongoing...
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Jim Cramer Says Strong Labor Report Could Prompt Fed Heads To Start Talking About Enormous Rate Hikes
Tuesday, November 29, 2022 - 1:32am | 459Prominent market commentator Jim Cramer said on Monday that a strong labor report could lead the Federal Reserve to start talking about enormous rate hikes, according to CNBC. “We need to see the unemployment rate go higher, while wages remain stable and we get meaningful lay-offs in some...
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Fed's Bullard Says Central Bank Needs To Hike Rates Quite A Bit: 'Sooner Is Better'
Monday, November 28, 2022 - 11:39pm | 485St. Louis Federal Reserve President James Bullard said on Monday the central bank needs to hike interest rates quite a bit going further and hold them there throughout 2023 and into the year after to rein in inflation and bring it back towards the 2% goal, according to an interview with Market...
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Imminent Rate Hike? A Real Recession? Upcoming Jobs Report Makes All The Difference
Wednesday, August 3, 2022 - 4:23pm | 435On Friday, August 5th, at 8:30 a.m. EDT, the July nonfarm payroll data will be released by the Bureau of Labor Statistics (BLS). The data is a measure of how many jobs were created in the US, excluding farmworkers and a few other job classifications. The data will allow economists to better...
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Why This Fed President Expects Economic Expansion In 2022
Tuesday, June 21, 2022 - 5:56pm | 349On Monday, St. Louis Fed President James Bullard delivered a presentation on the economic landscape to the Barcelona School of Economics. What Bullard Expects: Inflation in the U.S. is comparable to levels seen in the 1970s, and without credible Fed action, the economy would see higher...
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The FOMC Meets Tuesday: What Investors Should Know
Monday, June 13, 2022 - 4:39pm | 409As investors anxiously await the next FOMC meeting on June 14, they will be expecting another interest rate hike in an attempt to slow down inflation. Fed board members such as Loretta Mester and Lael Brainard are expecting another 50 bps increase in the both the June and July meetings, unless...
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Bullard Suggests FOMC Could Lower Interest Rates As Soon As 2023: What You Need To Know
Friday, May 20, 2022 - 2:37pm | 376After dipping into bear market territory, the S&P 500 experienced a bit of a midday bounce on Friday following some uncharacteristically dovish comments from St. Louis Federal Reserve Bank President James Bullard. What Happened? In an interview with Fox Business Network on Friday, Bullard...
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Which Federal Reserve Members Move The Markets Most With Their Public Comments?
Friday, April 22, 2022 - 2:01pm | 620When Federal Reserve members talk, investors listen. Some Fed members understandably tend to move the stock market more than others. Federal Reserve Structure: The Federal Reserve consists of the Board of Governors, the Federal Reserve Banks and the Federal Open Market Committee, or FOMC. The Board...
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Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 6:14pm | 2017Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
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St. Louis Fed Chief Bullard Explains Objections To 0.25% Rate Cut
Friday, September 20, 2019 - 10:01am | 336The Federal Open Market Committee decided Sept. 18 to lower its target range for the federal funds rate by 25 basis points, but Federal Reserve Bank of St. Louis CEO James Bullard said more should have been done. What Happened The Fed lowered its target range from 2% to 1.75%, but Bullard wrote in...
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Blockchain, Blockchain, Blockchain! Your Guide To This Week's Crypto Conferences
Monday, May 14, 2018 - 10:51am | 420A pair of major events are taking place this week in the cryptocurrency world. Blockchain Week kicked off over the weekend in New York City, and this year’s event features appearances by St. Louis Fed President James Bullard, European Parliament member Eva Kaili and Twitter, Inc. (NYSE: TWTR...
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Doves And Hawks Of The Fed
Tuesday, August 8, 2017 - 3:58pm | 770A look at the economic calendar of the week shows that a host of Fed officials are scheduled to make public appearances this week. Fed speeches are market-moving economic events, given that they give clues to the monetary policy outlook. On Monday, St. Louis Federal Reserve President James Bullard...
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The Fed's Fisher: 'Stan The Man,' 'Odd Stan Out'...Or Both?
Tuesday, August 30, 2016 - 1:19pm | 369Stanley Fisher, the Federal Reserve's second highest ranked member, is either "Stan the Man" or "Odd Stan Out," according to Bloomberg. Federal Reserve Chair Janet Yellen gave a much anticipated speech last week at Jackson Hole. According to Bloomberg, the speech was considered to be somewhat...