View: Fed’s Powell cheers markets but risks a mistake
By Mohamed A. El-Erian
Federal Reserve Chair Jerome Powell’s speech Friday at the annual Jackson Hole forum was consistent with his very gradual and highly measured approach to policy…
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Federal Open Market Committee
Fed minutes show most officials see inflation goal in hand
Federal Reserve officials widely concluded that they had attained their inflation goal while still needing progress on their employment mandate, the record of their July meeting showed.…
Fed’s ‘substantial’ progress goal not yet met in June, minutes show
WASHINGTON: Federal Reserve officials last month felt that substantial further progress on the economic recovery "was generally seen as not having yet been met," though participants expected…
Fed minutes may provide clues on bond-taper timeline, inflation outlook
WASHINGTON: At its June policy meeting the Federal Reserve edged towards a debate over when and how to reduce its support for a U.S. economy healing from the coronavirus pandemic, and the…
Powell renews forecast for inflation subsiding toward Fed’s goal
Federal Reserve Chair Jerome Powell said inflation had picked up but should move back toward the U.S. central bank’s 2% target once supply imbalances resolve.
“Inflation has increased…
US Fed holds rates at zero, projects two hikes by the end of 2023
By Matthew Boesler
Federal Reserve officials held interest rates near zero but signaled they expect two increases by the end of 2023, pulling forward the date of liftoff as the economy…
Fed expected to signal start of monetary policy shift debate
WASHINGTON: Federal Reserve officials on Wednesday are expected to at least signal the pending start of talks about when and how to exit from the crisis-era policies the U.S. central bank…