(Bloomberg) — Chair Jerome Powell said the Federal Reserve is not close to ending its anti-inflation campaign of interest-rate increases as officials signaled borrowing costs will head higher th...
Tag: HalfPoint
Bank of England seen hiking by a half-point as inflation shows signs of peaking
The Bank of England is expected to raise interest rates by 50 basis points on Thursday, with inflation showing signs of peaking but still uncomfortably high at 10.7% in November. Bloomberg | Bloomberg...
Fed’s Waller says he’s open to a half-point rate hike at December meeting
Christopher Waller testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on their nomination to be member-designate on the Federal Reserve Board of Governors on Feb...
Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...
Fed’s Mester says half-point rate hikes are needed to fight inflation
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with supporting a series of aggressive interest ...
Fed’s Waller Backs Half-Point Rate Hikes at ‘Several’ Meetings
(Bloomberg) — Federal Reserve Governor Christopher Waller said he wants to keep raising interest rates in half-percentage point steps until inflation is easing back toward the US central bank’s ...
Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump
(Bloomberg) — Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market — at least not yet. Most Read from Bloomberg Kansas City Fed President Es...
Fed Hikes Rates Half-Point as Powell Signals Similar Moves Ahead
(Bloomberg) — The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most agg...
Stocks jump after Powell pushes back on bigger rate hikes after half-point increase
U.S. stocks turned higher Wednesday afternoon, with investors considering the Federal Reserve’s latest monetary policy decision against the backdrop of elevated inflation and a still-tight U.S. ...
S&P 500, Nasdaq drop for second straight day after Fed officials discuss half-point rate hike
U.S. stocks fell Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening. The S&P 500 dr...
Powell Backs Front-Loading Fed Rate Hikes, Says Half-Point on Table
(Bloomberg) — Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for further aggressive tightening to curb inflation by noting that he sa...
Fed’s Powell Puts Half-Point Rate Hike on the Table for May
Text size Fed Chair Jerome Powell will appear on a panel Thursday with European Central Bank President Christine Lagarde. Graeme Jennings/Pool/AFP/Getty Images Federal Reserve Chairman Jerome Powell c...
Powell May Be About to Seal Deal on a Half-Point Hike: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Jerome Powell may reinforce bets that the Federal Reserve ...
Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...
Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one or more 50-basis-point interest rate hikes this year to tame inflation. Though he voted this...
Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Billionaire investor Bill Ackman says the Federal Reserve ...
Treasuries Are Selling Off. Blame Powell’s Comments on Half-Point Rate Hikes.
Fed chief Jerome Powell, shown Monday at a conference in Washington, D.C., said ‘nothing’ would prevent the central bank from raising rates by a half-point at a coming meeting if needed. S...