Thread: Fed Talk

Originally Posted by nasa1974

The market must like the news because everything is green. For now.

Or they are playing with us again.

The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action

Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard on Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path.

https://www.cnbc.com/2022/02/11/the-...er-action.html

Fed’s Bullard says the central bank’s ‘credibility is on the line,’ needs to ‘front-load’ rate hikes

St. Louis Fed President James Bullard told CNBC on Monday that he thinks the Fed needs to push interest rates up quickly.

“Our credibility is on the line here,” he said as he advocated for a rapid interest rate increase of a full percentage point.

Markets have begun pricing in seven rate hikes this year since Bullard first made his hawkish position known last week.

https://www.cnbc.com/2022/02/14/bull...elerating.html

Fed Eyeing Potential for Faster Rate Increases to Ease Inflation
Officials also stepped up deliberations last month over how to shrink central bank’s $9 trillion asset portfolio, January minutes show

They agreed that “if inflation does not move down as they expect, it would be appropriate for the committee to remove policy accommodation at a faster pace than they currently anticipate,” said the minutes of the Jan. 25-26 meeting, which were released Wednesday.

https://www.wsj.com/articles/fed-eye...hare_permalink

Powell Says Fed Is on Track to Raise Rates in Two Weeks
‘We will need to be nimble in responding to incoming data and the evolving outlook,’ says the Fed chairman

Federal Reserve Chairman Jerome Powell said it would be appropriate for the central bank to raise its benchmark interest rate at its meeting in two weeks amid high inflation, strong economic demand and a tight labor market.

Mr. Powell said it was too soon to tell how Russia’s invasion of Ukraine and the strict economic curbs imposed by the West against Moscow would influence the U.S. economy. But his overall remarks suggested growing urgency to tighten policy.

https://www.wsj.com/articles/powell-...hare_permalink

Everybody should be programming in a nice big 0.5% rate hike in two weeks. It's almost a given that rates are going to climb over the whole summer.

February Jobs Report Keeps Fed on Track to Lift Rates
Strong hiring momentum followed Omicron variant but preceded higher oil prices from Ukraine war

The February jobs report is likely to do little to alter the Federal Reserve’s plans to raise interest rates in two weeks, but a continued run of strong hiring points to further increases in borrowing costs this spring.

https://www.wsj.com/articles/februar...hare_permalink

Bernanke says the Fed's slow response to inflation 'was a mistake'

Former Fed Chairman Ben Bernanke said the central bank erred in waiting to address inflation.

"One of the reasons was that they wanted not to shock the market," he told CNBC's Andrew Ross Sorkin.

Bernanke spoke a day ahead of his latest book release, which addresses Fed policy moves during the 21st century.

https://www.cnbc.com/2022/05/16/bern...a-mistake.html

Jerome Powell is speaking at The Wall Street Journal’s Future of Everything Festival for a 35-minute interview beginning at 2 p.m. Eastern time, two hours before the close. The market is up so far this morning, but Powell is known to put prices in motion.

Fed’s Powell to Take WSJ Questions on Inflation and Economic Outlook

Let's hope it is a positive interview and the market doesn't react negatively.

Ignore the "last edited by" I pressed a wrong button. oops.

They should just stop talking unless it's in an official capacity. They know what they say moves the market so it seems suspicious since they said the opposite a week or so ago. Back and forth the market goes on every word...


Fed Vice Chair Lael Brainard says it’s hard to see the case for the Fed pausing rate hikes

https://www.cnbc.com/2022/06/02/fed-...te-hikes-.html