After being tardy in reacting to price pressures, a half a percentage point increase would show that the Fed is serious about containing inflation. The economy is strong enough to cope, writes GinaChon:
U.S. consumer prices rose 7.5% in the 12 months through January, the biggest increase since February 1982, the Labor Department said on Feb. 10.
An inflation measure that excludes volatile food and energy costs increased 6%, the largest 12-month rise since August 1982.U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
First Mover Asia: Bitcoin Drops With Stocks After Fed Official's Hawkish RemarksBitcoin struggled to remain above $44,000 on Thursday, as U.S. stocks fell further following hawkish remarks by a Federal Reserve official. Ether and other major altcoins tumbled. MuyaoShen and JPRubin23 report
Consulte Mais informação »
Atlanta Fed GDPNow latest estimate: 0.7% Q1The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2022 is 0.7 percent on February 9, unchanged f
Consulte Mais informação »
Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed MembershipNEW: Wyoming-based crypto bank AvantiBT, led by CaitlinLong_, is a step closer to potentially acquiring a master account with the federalreserve. nikhileshde reports
Consulte Mais informação »
Fed Bullard is concerned about the January inflation print, Fed could be open to an inter-meeting increase.Federal Reserve Bullard says that he favours the first half-point rate hike since 2000 and defers to chair Jerome Powell on a potential for a 50bps ra
Consulte Mais informação »
Fed seen raising interest rates at every policy meeting until the fallIn the wake of the strong CPI report, the market is now open to the view that the Federal Reserve will hike rates at every meeting until September.
Consulte Mais informação »
USD/CHF consolidates as traders await US inflation readings to confirm Fed hawkish biasAt 0.9242, USD/CHF is flat on the day as traders get ready for the US Consumer Price Index that will be released in the US morning, expected to seal t
Consulte Mais informação »