UNITED KINGDOM – OCTOBER 17: Upper detail of Phillip’s Economic Computer, the machine conceived by … [+] Bill Phillips (1914-1975), a New Zealand-born engineer turned economist. Phil...
Tag: James Bullard
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
Fed’s Bullard Raises Target for Year-End Funds Rate
Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...
Fed’s James Bullard Says 0.75-Point July Rate Rise Is Likely
Federal Reserve Bank of St. Louis President James Bullard said he is ready to follow the U.S. central bank’s supersize June rate rise with the same thing at the end of this month. “Our goal has been t...
Fed Raises Rates But Lacks Consensus, Seeing Moderation In Inflation In 2022
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, … [+] Thursday, March 3, 2022 on Capitol Hill in Washington. (Tom Williams, Pool via AP) ASSOCIATED ...
Investors ‘Losing Confidence’ After Latest Inflation Surge—How Aggressive Could Rate Hikes Be?
Topline As markets grapple with concerns about how quickly the Federal Reserve will reverse its pandemic-era policy, investment banks are warning clients the central bank may need to move more aggress...
Stocks Rise As Investors Try To Shake Off Inflation Fears, Recent Fed Comments
Topline The stock market moved slightly higher on Thursday—clawing back some of its losses from earlier this week—as investors continued to assess recent comments from Federal Reserve officials on the...