7th May 2018 By Steven K. Beckner AMELIA ISLAND, FLA. - Though the Federal Open Market Committee left the federal funds rate unchanged last Wednesday, the Federal Reserve's policymaking body signalled it will raise rates further this year,...
7 May 2018
2nd May 2018 The Federal Reserve could have given a blunter signal that it will raise interest rates next month, but its rate-setting Federal Open Market Committee clearly, if subtly, opened the door to a June rate hike as it concluded two days of meetings...
2 May 2018
26th April 2018 By Steven K. Beckner There is almost no chance the Federal Reserve will raise interest rates at its third Federal Open Market Committee meeting of the year, but the deliberations of Chairman Jerome Powell and his fellow policymakers...
26 April 2018
By Steven K. Beckner
17 April 2018
11th April 2018 By Steven K. Beckner The word is that the Senate will vote in May on Marvin Goodfriend's nomination to become a member of the Federal Reserve Board of Governors. Goodfriend, former Richmond Federal Reserve Bank director of research,...
11 April 2018
By Steven K. Beckner
11 April 2018
6th April 2018 By Steven K. Beckner San Francisco Federal Reserve Bank President John Williams made clear Friday he will back continued gradual but steady monetary tightening when he becomes New York Federal Reserve Bank President in a few months. ...
6 April 2018
3rd April 2018 By Steven K. Beckner Although he lacks the hands-on financial markets experience some might have liked to see, it is difficult to imagine a better choice to succeed William Dudley as president of the New York Federal Reserve Bank...
5 April 2018
- Still Projects Three 2018 Rate Hikes - 2019-20 Rate Projections Up But Not By Much - 'Neutral' Rate Moved up Just Slightly To 2.9% - Powell Stresses Uncertainty of Outlook, Policy By Steven K. Beckner 21st March 2018 After all...
22 March 2018
14th March 2018 By Steven K. Beckner U.S. monetary policy is transitioning, but at this stage the interest rate outlook is neither as slow and gradualist as it once was nor as rapid and aggressive as some fear it will become. Federal Reserve policymakers...
14 March 2018
6th March 2018 By David Barwick (FRANKFURT) - If little else, the press conference following Thursday’s policy meeting of the European Central Bank’s Governing Council seems likely to confirm that “early” is relative and in particular that the early...
6 March 2018
1st March 2018 By Steven K. Beckner Financial markets had an unjustifiably sour reaction to Federal Reserve Chairman Jerome Powell's first day of Congressional testimony Tuesday, interpreting his comments before the House Financial Services Committee...
2 March 2018
27th February 2018 By Steven K. Beckner Increased optimism about the economic outlook could eventually lead to more aggressive monetary tightening by the Federal Reserve, but that judgment has not come to full fruition. So far the Fed consensus...
28 February 2018
21st February 2018 By Steven K. Beckner Minutes of the Jan. 30-31 Federal Open Market Committee meeting show the Federal Reserve policymaking body plans on raising interest rates, but not as aggressively as some had feared. This should have come as...
22 February 2018
21st February 2018 By David Barwick VILNIUS – Although there is reason to be somewhat more optimistic about the economic outlook the euro area is currently looking forward to, the European Central Bank needs to proceed with great caution, sticking to...
21 February 2018
14th February 2018
14 February 2018