[ad_1] 1700 GMT / 1200 US Eastern time: Federal Reserve Bank of Richmond President Thomas Barkin appears on Fox Business News Most recently from the Richmond head: Fed’s Barkin: There are risks from over and under-correcting on inflation This article was written by Eamonn Sheridan at www.forexlive.com. [ad_2] لینک منبع : هوشمند نیوز
[ad_1] The times below are in GMT / US Eastern time layout: 1345 / 0845 Federal Reserve Bank of Boston President Susan Collins speaks before the 67th Economic Conference, ‘Rethinking Full Employment” 1345 / 0845 Federal Reserve Vice Chair for Supervision Michael Barr participates in “Payments” discussion before the Clearing House Annual Conference 2023 1430
[ad_1] There are a couple of previews of the week ahead here: Make sure you add in that Federal Reserve Chair Powell will be speaking this week which, for me, is the highlight. I have already seen questions that will be asked along the lines of: “does he agree with the ‘dovish hold’ assessment of
[ad_1] This week there have been some big shifts on the market’s thinking around the path of Fed policy. Given the market moves, it’s no surprise that’s in a dovish direction. At the start of the week, the Fed funds futures market was pricing in 74 bps of rate cuts by the end of 2024.
[ad_1] Share: Federal Reserve (Fed) Bank of New York President John Williams said on Friday that the central bank may be done raising interest rates since inflationary pressures are going back towards the 2% target, although still elevated. Key quotes “Monetary policy is having the desired effects on the economy.” “Fed is at
[ad_1] NY Fed President Williams is a speaking and says: Monetary policy is having the desired effects on the economy Fed is at or near peak for federal funds rate. Fed will need restrictive policy stance for some time to achieve goals. Sees inflation ebbing to 3.25% this year, heading to 2% in 2025. Future
[ad_1] It’s safe to say that the Federal Reserve isn’t hiking in September. The market probability is just 7% and there has been no pushback from anyone meaningful about changing that ahead of the Sept 20 meeting. But there are two top-tier economic data releases next week and perhaps two big surprises would change the
[ad_1] Here are the speakers from the Federal Reserve I have listed for today. A few more could well pop up in media interviews and what have you. There are 6. Bostic is speaking twice, which is why there are 7 lines below. I’ve noted those speeches more likely to bring market-pertinent comments in bold.
[ad_1] Share: Consumer Price Index in the US is forecast to rise 3.3% YoY in July, up from the 3% increase recorded in June. Core CPI inflation is expected to hold steady at 4.8% YoY in July. US CPI inflation report could significantly impact the US Dollar’s valuation by altering the Fed’s rate
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