“I think that’s a reasonable option for us because the federal funds rate is very low,” Federal Reserve Bank of New York President John Williams said Thursday in a Bloomberg Television interview. “We do need to move policy back to more neutral levels.”
That message has been clearly heard by investors. Interest-rate futures are almost fully priced for a half-point hike at the Fed’s May 3-4 meeting, when officials could also announce a start date for beginning to shrink their nearly-$9-trillion balance sheet. “We’ve seen a dramatic, significant movement in yields and financial conditions over the past several months and that’s already positioning policy well to get supply and demand back into balance,” he said.
U.S. central bankers, by their own admission, were slow to react and are now viewed as moving with determination to catch up. But the consensus among policy makers starts to fray over how much further above what they judge to be a “neutral” level for interest rates they’ll need to go, if at all.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Business Maverick: Marine Le Pen’s Ties to Russia May Come Back to Haunt HerNationalist leader Marine Le Pen’s warm ties to the Kremlin haven’t been a problem for her so far, even after Vladimir Putin invaded Ukraine. She joined widespread condemnation of the war, and reeled in voters to finish a close second in the first round of France’s presidential election.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Bitcoin Surpasses $41,000 as Technical Analysts Predict BounceBitcoin climbed above $41,000, advancing along with equities after China indicated it’s about to loosen monetary policy.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Truckers Caught in Covid Controls Snarl China Supply ChainsChina’s network of delivering everything from electronic parts to raw materials to the nation’s factories has ground to a halt as Covid-19 restrictions leave hundreds of thousands of truck drivers caught in a web of quarantine controls.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: From Russia with a middle finger: Stagflation stalks Africa as Ukraine conflict fans inflationIn its latest Africa’s Pulse report, the World Bank warns that the spectre of stagflation is stalking Africa as inflation surges and central banks react with rate hikes. Russia’s imperialist invasion of Ukraine is fanning the flames of food and fuel inflation and the poorest of the poor on the world’s poorest continent will suffer the most. From Russia with a big middle finger stuck in the air.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: DMRE makes progress on applications backlog, blames Sita for cadastre conundrumThe Department of Mineral Resources and Energy says it has made progress on slashing the backlog of applications for mining and prospecting rights and has made a renewed push to get a mining cadastre up and running. Minister Gwede Mantashe and some of his senior officials made the comments during a round-table discussion 12 April with Daily Maverick/DM168 in Pretoria. That this sheister is in charge of mining in SA should tell you the contempt cyril has for this economy
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Bitcoin Reclaims $40,000; Shiba Inu Surges on Robinhood ListingBitcoin climbed back above $40,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 20%.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »