The Fed begins its two-day policy meeting, and will issue a new statement and economic projections. Read more:
WASHINGTON/SAN FRANCISCO - - Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors bullied central bankers to get their way.
At the extreme, that sort of volatility could feed into the real economy and make the Fed’s job in coming weeks even more complicated. The Fed begins its two-day policy meeting on Tuesday, and will issue a new statement and economic projections at 2 p.m. on Wednesday. Powell’s press conference is scheduled to begin Wednesday at 2:30 p.m.
But it is unclear by how much. One Federal Reserve regional bank president has referred to the outlook as “darkened,” and another has called for lower rates “soon.” Powell in his most recent public comments dropped the use of the word “patient” in referring to the Fed’s posture when it comes to deciding on the next rate move.
But Powell this week may have a pronounced information gap to fill. As of March, 11 of 17 policymakers felt that rates at year-end would be unchanged from today, and the other six saw them as likely a bit higher.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trump on demoting Fed Chair Jerome Powell, day before rate decision: 'Let's see what he does'Trump's remark came a day before the Fed was set to announce its next decision on interest rates.
Consulte Mais informação »
White House explored legality of demoting Powell from chairman, report saysThe White House explored the legality of demoting Fed Chairman Jerome Powell in February, according to a report by Bloomberg News.
Consulte Mais informação »
Trump's trade wars are putting the US economy at risk. But the Federal Reserve doesn't appear ready to step in just yet.The Federal Reserve is expected to leave borrowing costs unchanged Wednesday, even as Trump continues to call on officials to lower them.
Consulte Mais informação »
‘Currency war’ fears rise as Trump slams Draghi’s hint at more ECB stimulusPresident Donald Trump’s hostile response on Twitter to Draghi’s signal that the ECB could move to provide further monetary stimulus as early as next month...
Consulte Mais informação »
Cramer Remix: What I'm expecting from the Fed on WednesdayJim Cramer lays out what he anticipates from Jay Powell ahead of Wednesday's Fed meeting and what it could mean for the market.
Consulte Mais informação »
White House explored demoting Powell: BloombergThe White House explored the legality of demoting Fed Chairman Jerome Powell in February, according to a report by Bloomberg Television. Citing people...
Consulte Mais informação »