There was a brief explosion of interest on Monday morning in the idea that the Federal Reserve might cut interest rates at its July meeting. Fed Chairman JeromeJan Hatzius, the Chief Economist and Head of Global Investment Research at Goldman Sachs, put out a note on Monday morning arguing that there is afor a cut at the July 30-31 meeting.
Inflation then jumped much higher in January and then remained above the two percent target for the following three months. So far, we have had one month of PCE data below target this year. While it is true that we’re likely to get another month of mild PCE inflation when the June data comes out,. That cannot plausibly be considered enough data to give the Fed confidence that it will not see another move higher.But that’s not the way the Fed will look at it.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Breitbart Business Digest: Fed’s Bowman Sees No Cuts This Year, Warns of Possible Rate HikeSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »
Breitbart Business Digest: A September Rate Cut Would Trigger Political VengeanceSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »
Breitbart Business Digest: Debate Showed Biden Still Trapped in His Old Economic LiesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »
Breitbart Business Digest: Trump’s Trade War Is Good and We’re WinningSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »
Breitbart Business Digest: The Long and Sticky Road to Two Percent InflationSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »
Breitbart Business Digest: Juneteenth Gloom Is in the Air, Especially for DemocratsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Fonte: BreitbartNews - 🏆 610. / 51 Consulte Mais informação »