The Fed is running out of time to avoid sleepwalking into a June hike, economist warns
Financial markets are increasingly pricing in expectation of a June interest-rate hike by the Federal Reserve, and if the central bank doesn’t want to go through with one, time is running out to push back.“Fed leadership has directed us to... Financial markets are increasingly pricing in expectation of a June interest-rate hike by the Federal Reserve, and if the central bank doesn’t want to go through with one, time is running out to push back.
Duy pointed out that Chair Jerome Powell, Gov. Philip Jefferson — the nominee to be vice chair — and New York Fed President John Williams each have leaned into a dovish policy direction in their most recent public comments. “If Fed leadership wants to skip the June meeting, it needs to gain control over that narrative before the employment report,” Duy said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed's Goolsbee: won't prejudge June rate decisionChicago Federal Reserve Bank President Austan Goolsbee said on Sunday he won't 'prejudge' whether he would support an interest-rate hike at the upcoming Fed meeting in June, but noted that the full impact of the central bank's rate increases to date have yet to be felt.
Read more »
Look Ahead: Local events and things to do this week, May 28-June 3Look Ahead for May 28 to June 3: Memorial Day commemorations, the first Twilight Concert Series show of the summer, and dueling big concerts on Saturday night — Matchbox Twenty vs. Duran Duran.
Read more »
Hulu Schedule May 29-June 4: New TV & Movies Being AddedNew dubbed episodes of One Piece are heading to Hulu as part of the schedule for May 29-June 4, among many other things.
Read more »
EUR/USD: Weekly Forecast 28th May - 3rd JuneTraders who have jumped onto the selling bandwagon of the EURUSD have likely enjoyed the past handful of days- Forex Forecast
Read more »
GBP/USD: Weekly Forecast 28th May - 3rd JuneSupport levels have continued to prove vulnerable in the GBPUSD as nervous trading conditions highlight Forex-
Read more »
Does the debt deal have enough GOP support? This Democratic senator says he's worried.Congress must raise the debt limit before June 5 to avoid default.
Read more »