Federal Reserve economists still expect a recession starting later this year, according to minutes from the June Federal Open Market Committee (FOMC) policy meetings. The economic forecast put together by staff at the policy meeting “continued to assume that the effects of the expected further tightening in bank credit conditions, amid already tight financial conditions”…
Federal Reserve Economists Still Expect a Recession Later This Year, FOMC Minutes Show
Federal Reserve Expects More Rate Hikes Ahead Amid ‘Upside Risks’ to Inflation: FOMC Minutes
Federal Reserve officials expect more rate hikes ahead, while some had advocated for a quarter-point increase at the June Federal Open Market Committee (FOMC) policy meeting, according to new minutes. Rate-setting Committee members agreed that more rate increases are ahead but at a slower pace. They also found it acceptable or appropriate to leave the…
Fed Expects Banking Crisis to Trigger Recession Later This Year, Minutes Reveal
Federal Reserve staff are projecting that the banking crisis would trigger a recession later this year, minutes from the March Federal Open Market Committee (FOMC) policy meeting revealed. As expected, the turmoil in the banking sector was the main focus of last month’s policy meeting, with many Fed participants expressing concern that the collapse of…
Federal Reserve Could Adopt ‘More Restrictive’ Policy If Elevated Inflation Persists
The Federal Reserve might adopt a “more restrictive” policy in the future should inflation persist, minutes from the June Federal Open Market Committee (FOMC) policy meeting revealed (pdf). According to the latest minutes, FOMC participants conceded that there is a substantial risk of entrenched inflation, with the inflation outlook deteriorating. This, officials argued, required a…
Fed Might Adopt ‘More Restrictive’ Policy If Inflation Persists: FOMC Minutes
The Federal Reserve might adopt a “more restrictive” policy in the future should inflation persist, minutes from the June Federal Open Market Committee (FOMC) policy meeting revealed (pdf). According to the latest minutes, FOMC participants conceded that there’s a substantial risk of entrenched inflation, with the inflation outlook deteriorating. This, officials argued, required a three-quarter-point…
Minutes Show Federal Reserve Ready for Rate Hikes, Tightening
The Federal Reserve is ready to raise interest rates and shrink the nearly $9 trillion balance sheet, minutes from last month’s Federal Open Market Committee (FOMC) meeting show. Policymakers discussed that the timing and pace of shrinking the balance sheet would be determined by the rate-setting committee’s dual mandate of full employment and price stability…
Dollar Near One-Year High Ahead of Fed Meeting Minutes
October 13, 2021
admin
Asia & PacificAustraliaBusiness & EconomyChinaChina Business & EconomyDollarEconomieseconomyEuropeFedHighInternationalMarketsmeetingMinutesUKUSUS NewsWorld
0 Comment
LONDON—The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month, potentially following with interest rate hikes by mid-2022. Three Fed policymakers said on Tuesday that the U.S. economy has healed enough to begin to scale back the central bank’s…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta