Fed officials are wrestling with how they should reduce their $120 billion in monthly asset purchases and when to communicate any plans
Federal Reserve officials are set to resume deliberations Wednesday about how and when to beginamid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.
The central bank at the end of last year said it would continue to purchase $120 billion in Treasurys and mortgage-backed securities monthly until officials deemed they had achieved “substantial further progress” toward their goals of low unemployment and inflation reaching their 2% goal. The Fed will release its policy statement at 2 p.m. EDT. Most of the focus is likely to center on Chairman Jerome Powell’s news conference at 2:30 p.m. Here’s what to watch:Officials are likely to receive a formal staff briefing around when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Treasury yields fall ahead of Fed policy meetingU.S. Treasury yields fell on Tuesday morning, as the Federal Reserve is set to kick off its two-day policy meeting.
Consulte Mais informação »
Santoli’s Tuesday market notes: Stocks wobble amid Big Tech earnings, key Fed meetingNew for subscribers: Santoli’s Tuesday market notes: Stocks wobble amid Big Tech earnings, key Fed meeting. Check out CNBCPro today.
Consulte Mais informação »
Treasury yields fall to start week ahead of Fed meetingTreasury yields pull back Monday as investors prepare for this week's meeting of Federal Reserve policy makers.
Consulte Mais informação »
Fed to tiptoe towards tapering this weekThe Federal Reserve meeting will start to work on its plans to slow down its bond purchases but Fed Chairman Jerome Powell won't give away crucial details...
Consulte Mais informação »
Fed now facing twin inflation, growth risks as virus jumps and supply chains falterA U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from sorting out its problems, may be headed for more inflation-inducing trouble.
Consulte Mais informação »
Fed is walking ‘bit of a tightrope’ between downside risks and inflationAny acknowledgement by Federal Reserve Chairman Jerome Powell on Wednesday of more persistent price pressures is a risk for markets, says RBC Wealth...
Consulte Mais informação »