Mr. Hammack said the time had "come or will come" for the Fed to slow the pace of rate cuts.
Barclays believes that the Federal Reserve has indicated that it can reduce its balance sheet while lowering interest rates, but recommends an early end to the reduction due to risk management considerations. Barclays still expects the Federal Reserve to end quantitative tightening in December and the FOMC (FOMC) to announce it in November. "In 2019, the scarcity of reserves exacerbated an already tense situation in the repo market, driving funding rates up sharply, causing severe disruptions to...
Federal Reserve Chairperson Jerome Powell said that the Federal Reserve has not declared a victory on inflation, but the situation is encouraging; he wants to see inflation near 2% for some time; housing inflation is a bit upsetting; housing inflation is falling more slowly than expected; and other elements of inflation are already doing well.
Collins, the Federal Reserve, said on Thursday that she believes the central bank has the ability to reduce inflation without triggering a recession, and hinted at support for a rate cut starting next month. "I think there is a clear path to achieving our goal that will not lead to an unnecessary recession and will allow the job market to continue to be healthy," Collins said.
UBS economist Nic Guesnon said the Reserve Bank of New Zealand is expected to leave the official cash rate unchanged at 5.50% at its policy meeting next week, but that looks like a very close decision to a rate cut. He said the Reserve Bank of New Zealand made a major shift in a dovish direction in its July policy statement, but traders and economists still don't know if they are considering a rate cut at that meeting. He added that the market expected a 70% chance of a 25 basis point rate cut i...
According to the Wall Street Journal: Federal Reserve Williams said the Federal Reserve is closer to cutting interest rates, but not ready to implement them. Seeing a general decline in inflation, the United States may need to cut interest rates in the coming months.