Breitbart Business Digest: Fed’s Bowman Sees No Cuts This Year, Warns of Possible Rate Hike

by the end of the year, pricing in a 94 percent chance of at least one cut and a 65 percent chance of two cuts by the December meeting. There’s still a 66 percent chance implied of a September rate cut, despite the political explosionon the fervor for rate cuts.

Bowman says that her baseline outlook “continues to be that U.S. inflation will return to the two percent goal” but immediately adds that this includes the view that the fed funds rate will hold at its current level “for some time.”become appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive,” Bowman said., which is just three months away.

Chair Jerome Powell participates in the Federal Open Market Committee meeting in Washington, DC, held on January 30-31, 2024. quickly deteriorating from her review of potential economic scenarios that could affect monetary policy. Instead, all of the deviation from her baseline was around upside risks to inflation.. Supply chains have normalized, labor force participation rates have leveled off, and wage-depressing migration across our southern border is likely to be curtailed.

Chaos in Kenya: TikTok-Fueled Protests Turn Deadly as Protesters Storm Parliament, Police Tear-Gas Cathedral Dem Harris County D.A.: Nungaray Killing ‘Bound to Happen’ — ‘Great Deal of Violence Committed by Illegal Immigrants’

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: The Spending Will Continue Until the Deficit ImprovesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Media Fear-Mongers That Orange Man’s Tariffs Are BadSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Biden’s Problem Isn’t Perceptions, It’s RealitySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: The Fed Sees Higher Rates ForeverSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: The Dot Thickens Ahead of the Fed AnnouncementSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »