Fed's Bullard: Rate hike this week was “a good next step” – by MSalordFX Fed CentralBanks
St. Louis Federal Reserve President James Bullard supported the 25 basis point rate hike that the Fed took
, calling it "a good next step." He stated that there is a significant amount of inflation in the economy. , Bullard's base case is not a recession, but rather slow growth and declining inflation. He also noted that the labor market remains "very tight" and will take time to cool.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Federal Reserve Raises Fed Funds Rate by 25 Basis PointsThe Fed - as expected - hiked by another 25 bps today, but in its policy statement suggested a pause in the long rate hike cycle could be at hand. The price of bitcoin is little-changed on the news. SteveAlpher reports
Baca lebih lajut »
Fed raises interest rate a quarter-point; 10th hike in past year to fight inflationThe Federal Reserve raised a key interest rate Wednesday by a quarter percentage point, the 10th increase in just over a year that is hitting consumers with higher costs for home mortgages, auto loans and credit card balances.
Baca lebih lajut »
Fed raises interest rate 0.25 percentage point, but could be ready to pauseBREAKING: The Fed is raising interest rates another quarter point, bringing it to the highest level in 16 years.
Baca lebih lajut »
Fed raises key interest rate a quarter-point, may halt further hikesFed economists have estimated that tighter credit resulting from the bank failures will contribute to a “mild recession” later this year, thereby raising the pressure on the central ban…
Baca lebih lajut »
US Fed hikes benchmark interest rate by a quarter-pointUS Federal Reserve raises its benchmark lending rate for a tenth consecutive time, while signaling an easing in its forward guidance on signs of an economic slowdown in the US
Baca lebih lajut »
Why stock-market bulls might not celebrate if Fed 'pauses' rate hikesThe stock market might not have that much to gain if the Federal Reserve follows through on expectations it will signal a pause in interest rate hikes.
Baca lebih lajut »