Bloomberg
Mester Says Fed Rates Likely Near or at 'Holding Point'
"Regardless of the decision made at our next meeting, if the economy evolves as anticipated, in my view, we are likely near or at a holding point on the funds rate," Federal Reserve Bank of Cleveland President Loretta Mester says during...
Bloomberg
Waller Says Fed Can Run Balance Sheet Down $2 Trillion
Federal Reserve Governor Christopher Waller comments on the state of the Fed's balance sheet during remarks before the European Economics and Financial Center in London.
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Bloomberg
FOMC Officials Agreed Rates Should Remain Restrictive
"All participants" agreed that the committee was in a position to "proceed carefully," according to the minutes from the September meeting of the Federal Reserve's policy-setting Federal Open Market Committee. Mike McKee reports on...
Bloomberg
Jefferson: Fed Can Proceed Carefully Amid Rising Yields
"The FOMC is in a position to proceed carefully in assessing the extent of any additional policy firming that may be necessary," Federal Reserve Vice Chair Philip Jefferson says during remarks at a National Association for Business...
Bloomberg
Bullard Says Prospects 'Looking Good' for a Soft Landing
Former Federal Reserve Bank of St. Louis President James Bullard say the prospects for a soft landing for the US economy are "very good," while cautioning that the Fed is only "partway" through the process of meeting its 2% inflation...
Bloomberg
Powell's Key Comments After Fed Leaves Rates Unchanged
Federal Reserve Chair Jerome Powell spoke at a press conference after the central bank left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer. Here are his key remarks.
Bloomberg
Powell Says Federal Reserve to 'Proceed Carefully' on Rate Path
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to keep its benchmark interest rate unchanged.
Bloomberg
Fed Holds Rates, Signals One More Hike This Year
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. Mike McKee reports on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Powell Says Fed 'Fairly Close' to Where It Needs to Be
"We need to get to a place where we're confident that we have a stance that will bring inflation down to 2% over time," Federal Reserve Chair Jerome Powell says during a news conference following the decision by the Fed's policy-setting...
Bloomberg
Fed's Mester on Inflation, Economy, Mortgage Rates
Federal Reserve Bank of Cleveland President Loretta Mester discusses the Fed's efforts to lower inflation, outlook for the US economy, and the impact of monetary policy on mortgage rates. She speaks with Mike McKee on the sidelines of...
Bloomberg
Fed Won't Raise Rates Until Next Year, Hoenig Says
Thomas Hoenig, former Kansas City Fed president and Mercatus Center distinguished senior fellow, says Federal Reserve Chair Jerome Powell is pushing to get inflation down to 2% and will keep rates where they are until at least next year....
Bloomberg
Bullard Says Reaccelerating US Economy Could Delay Fed Policy Shift
Former Federal Reserve Bank of St. Louis President James Bullard says a "reacceleration" in US economic growth this summer could delay plans for the Fed to end its interest-rate increases. He speaks on "Bloomberg Surveillance."
Bloomberg
Powell Says FOMC to Take Data-Dependent Approach on Future Hikes
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by 0.25%.
Bloomberg
University of Michigan's Stevenson on Fed Policy
Betsey Stevenson, Professor of Public Policy and Economics at the University of Michigan, discusses her outlook for the US economy and Federal Reserve policy. She speaks with Shery Ahn, Haidi Stroud-Watts and Kathleen Hays on "Bloomberg...
Bloomberg
What to Expect From Latest Federal Reserve Decision
Krishna Memani, Lafayette College CIO, joins "Bloomberg the Open" to preview the Federal Reserve interest rate decision that is coming on Wednesday. He says things are going according to plan for Chair Jay Powell.
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Bloomberg
Kaplan on Monetary Policy, Small Mid-Size Banks, US Economy
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy, small mid-size banks, and the state of the US economy. He speaks with Shery Ahn and Kathleen Hays on "Bloomberg Daybreak: Australia".
Bloomberg
Federal Reserve Likely to Raise Rates Next Week, Kaplan Says
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US economy. He speaks with Shery Ahn and Kathleen Hays on "Bloomberg Daybreak: Australia."
Bloomberg
Former Fed Governor Laurence Meyer on Bullard
Former Fed Governor Laurence Meyer reflects on Federal Reserve Bank of St. Louis President James Bullard's legacy, who will fully depart from his post Aug. 14 to become the inaugural dean of the Mitchell E. Daniels, Jr. School of...
Bloomberg
Fed's Bullard Resigns to Lead Purdue Business School
Federal Reserve Bank of St. Louis President James Bullard, who called for aggressive interest-rate hikes to fight the recent inflation surge, has resigned after 15 years in the position. He will lead the School of Business at Purdue...
Bloomberg
El-Erian Says Jobs Report Miss Won't Stop Fed Hike in July
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the below-forecast payrolls growth seen in the June US jobs report won't influence policy makers at the Federal Reserve. "Despite the miss on job...
Bloomberg
Fed's Logan: More Rate Increases Will Likely Be Needed
"I remain concerned about whether inflation will return to target in a sustainable and timely way," Federal Reserve Bank of Dallas President Lorie Logan says at the Central Bank Research Association's annual meeting in New York.
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Bloomberg
Powell Says Majority of FOMC See Two More Hikes in 2023
Federal Reserve Chair Jerome Powell says returning US inflation to 2% is crucial to support the long-term health of the US economy during his semiannual monetary report to the the Senate Banking Committee.
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Fed Pause Is 'a Bit of a Puzzle,' Apollo's Slok Says
Apollo Chief Economist Torsten Slok says the Federal Reserve should be raising rates now if they are so worried about inflation during an interview on "Bloomberg Markets: The Close."
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Bloomberg
Powell Says He Expects July FOMC Meeting Will Be 'Live'
Federal Reserve Chair Jerome Powell says a decision hasn't been made about the Fed's July meeting at a news conference following the Federal Open Market Committees decision to pause rate hikes.
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