-
Federal Reserve's Esther George Anticipates Additional Rate Hikes, Sees Rates Staying Above 5% Well Into 2024
Thursday, January 5, 2023 - 1:44pm | 550Read More...Kansas City Federal Reserve President Esther George sounded pretty hawkish Thursday morning during an interview on CNBC's "Squawk Box." "We have been moving our forecasts up to higher levels ... and I think holding that until we get confidence that inflation is actually...
-
What You Need To Know About The Annual Jackson Hole Symposium
Thursday, August 24, 2017 - 10:06am | 975Read More...The highlight of the economic calendar of the week is the annual Jackson Hole Economic Policy Symposium to be held on Friday and Saturday. Though the symposium as such, is not a market moving event, there is a lot of excitement generated around it, given the pedigree of the attendees and kind of...
-
Federal Open Market Committee Alters Language, Not Policy
Wednesday, May 1, 2013 - 3:12pm | 470Read More...As expected, no change in the Fed's bond-buying program was made when the Fed released the press statement following the two-day meeting of the Federal Open Market Committee. The Fed will continue to buy $40 billion of mortgage backed securities and $45 billion of Treasuries every month. As was...
-
Hoenig Says Gold Is Money
Tuesday, July 26, 2011 - 3:34pm | 68Read More...In a stark contrast from what Federal Reserve chairmen Ben Bernanke said earlier this month, Kansas City Federal Reserve President Thomas Hoenig said gold is money. In comments that are crossing the wire, Hoenig said, "The dollar fulfills the three functions of money. So does gold." That's a...
-
Hoenig: “I DON'T SEE THE BENEFITS” Of QE2
Monday, October 11, 2010 - 1:35pm | 298Read More...Kansas City Federal Reserve Chair, Thomas Hoenig, recently sat down to speak with FOX Business Network's Peter Barnes about his views on the economy, interest rates, and quantitative easing. When asked about being the lone dissenter on the Federal Open Market Committee (FOMC), he said, “They [his...
