Fed Governor Michael Barr on Thursday said slowing down the pace of interest rate hike 'makes sense.'
The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday.Asked if he supported stepping down from that historically large 0.75-percentage-point hike to a 0.50-percentage-point... The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday.Asked if he supported stepping down from that historically large 0.
Also read: Fed banking supervisor eyes ‘holistic’ review of bank regulations while doubling down on protections they offer Barr said he was committed to bringing inflation back down to 2%: “We have a lot of work to do. We have a long way to go.”
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Barr: Inflation is far too highThe Federal Reserve’s vice chair of supervision, Michael Barr, inflation is far too high. Key comments Fed is quite focused on bringing inflation down
Leer más »
Smaller rate hikes are likely coming in December, says Fed Chair Powell | CNN BusinessThe Federal Reserve could pull back on the pace of its aggressive rate hikes as soon as December, Fed Chairman Jerome Powell said Wednesday at an economic forum.
Leer más »
Stocks rally after Fed chair signals slowdown in rate hikesWall Street closed out a solid November with a broad market rally after the head of the Federal Reserve said the central bank could soon begin easing up on its aggressive interest rate increases.
Leer más »
Fed chair signals smaller rate hikes as bank keeps up inflation fightFinancial markets have been anxiously awaiting any clear signs about the central bank’s plans.
Leer más »
Asian markets gain after Fed chair signals slower rate hikesShares advanced in Asia on Thursday after a rally on Wall Street spurred by the Federal Reserve chair's comments on easing the pace of interest rate hikes to...
Leer más »
Asian stocks rally, dollar tanks after Fed signals slowdown in rate hikesGlobal markets reacted positively to comments by Federal Reserve chief Jerome Powell who said it 'makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down'
Leer más »