News list for " Midland"
On January 24th, Trump told the World Economic Forum in Davos, Switzerland on Thursday: "As oil prices fall, I will demand an immediate rate cut, and likewise, the whole world should cut rates." Five days later, the Federal Reserve will hold Trump's first policy meeting since taking office on January 28-29, and it is widely expected that the Fed will keep interest rates unchanged at this meeting. Trump has widely criticized the Fed for raising interest rates in the first two years of his first t...
US President Donald Trump questioned Federal Reserve Chairperson Jerome Powell's interest rate decision on Thursday local time and said he planned to speak with the Fed chairperson "in due course". "I think I know more about interest rates than they do, and I think I certainly know more about interest rates than the people who are primarily responsible for making interest rate decisions," Trump told reporters in the Oval Office, apparently referring to Powell. "If I don't agree, I will...
Mr. Waller said that this week's CPI data was very good and that if more such data were available, the Fed could cut rates in the first half of the year, arguing that a cut in March could not be ruled out. If inflation falls, the Fed could cut rates more aggressively than market expectations.
The Federal Reserve's Goolsbee said that we are confident in keeping inflation at 2%, which is a commitment given by the Federal Reserve.
The Federal Reserve Beige Book: From late November to December, economic activity in the 12 Federal Reserve Districts across the United States increased modestly to moderately.
On January 16, the Federal Reserve Beige Book said that most Federal Reserve districts reported strong holiday sales during the reporting period, which exceeded expectations. Auto sales rose to some extent. Construction activity generally declined. Manufacturing overall fell slightly, and some reserve districts reported that manufacturers were stockpiling inventory in anticipation of tariff increases. Activity in the residential real estate market was flat overall, with high lending rates contin...
The Federal Reserve's Barkin said that inflation is falling back towards its 2% target and can see a possible path for inflation to firm up or continue to progress towards the target. He was encouraged by the unemployment rate in December, and the current job market appears to have stabilized. There is not much evidence to support the claim that the economy is weakening.
Wells Fargo expects the Federal Reserve to implement two 25 basis point rate cuts this year, in September and December, after forecasting three rate cuts.
US Inflation vs. Federal Reserve Rates: Summary of Investment Bank Expectations 2025
Mr. Goolsbee said interest rates should fall if economic conditions were stable, inflation was not rising and full employment was achieved. If current expectations were met, rates would fall sharply in 12 to 18 months.
Federal Reserve Goolsby: Still shouldn't focus too much on individual jobs reports.
Federal Reserve Goolsby: If economic conditions are stable, inflation is not rising, and full employment is achieved, then interest rates should decrease.
A number of Federal Reserve officials have said that the dollar and gold have risen together for three days! Russian-Ukrainian negotiations may be held in the first half of 2025, and the commander-in-chief of the Lebanese army has won the presidential election... What major events have happened around the world last night and this morning?
Federal Reserve Governor Bowman will speak in ten minutes.
Fed's Schmid: Interest rate policy may be "close" to what is needed in the long run.
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