#federalreserve

43 posts · Last used Sep 25

Replying to
The rationale for the rate increase was evident in the #Fed’s latest projections. It showed #inflation, as measured by the Personal Consumption Expenditures price index, ending the year at 3.7%,slightly higher than officials thought just 3 months ago & in line with current levels. They also revised up estimates for “core” inflation, which strips out volatile #food & #energy items, to 3.4%. The 2% target is not expected to be reached until 2029 [ouch]. #FederalReserve #KevinWarsh #Trump #economy
4
0
7
0
The Copenhagen Post | US inflation has taken a surprising dip by Ritzau AI generated summary, Read the full article for complete information. US inflation fell more than expected in June, with consumer prices rising only 3.5 % year‑on‑year, down from 4.2 % in May and below the 3.8 % forecast, a drop largely driven by a 5.7 % fall in energy costs; according to Kristian Skriver, head of macroeconomics at Dansk Erhverv, the softer data should give Federal Reserve policymakers greater confidence to keep interest rates at their current level. Read more: https://cphpost.dk/2026-07-14/global/us-inflation-has-taken-a-surprising-dip/ #KristianSkriver #DanskErhverv #FederalReserve #global
0
0
0
0
NBC News Top Stories | Even if inflation cooled in June, experts say price pressure isn’t over by Steve Kopack AI generated summary, Read the full article for complete information. Even though the June consumer‑price index is expected to show a modest dip thanks to falling energy costs, economists warn that overall inflation will remain a persistent problem as price pressures shift from oil and gas to other sectors. After a brief post‑MOU slump, crude and gasoline prices have rebounded, while dwindling storage supplies threaten further spikes. At the same time, a rapid expansion of artificial‑intelligence data centers is driving a surge in demand for memory chips, prompting tech giants such as Apple, Microsoft and Google to raise product prices and fueling broader “price stickiness.” Core inflation—excluding food and energy—is barely easing, keeping the Federal Reserve on alert; officials say a hotter‑than‑expected reading could prompt another rate hike before the July 29 decision. Read more: https://www.nbcnews.com/business/economy/june-cpi-inflation-oil-prices-ai-rcna587311 #ChristopherWaller #Apple #Microsoft #Amazon #FederalReserve
0
0
0
0
CounterPunch.org | Kevin Warsh, Fed Transparency, and Corruption by Dean Baker AI generated summary, Read the full article for complete information. In this June 22, 2026 article Dean Baker examines the implications of President Trump’s appointment of Kevin Warsh as the new Federal Reserve chair, noting the paradox between Warsh’s past reputation as an inflation hawk who opposed expansionary policy during the Great Recession and Trump’s expectation that he will lower interest rates. Warsh has pledged to shrink the Fed’s balance sheet by selling trillions of bonds, a move that would likely push long‑term rates—affecting mortgages and car loans—higher, potentially contrary to Trump’s goals. More concerning to Baker is Warsh’s stated intent to roll back the recent trend toward Fed transparency, reversing the openness introduced by Greenspan, Bernanke, Yellen, and Powell. By limiting public disclosure of policy discussions, Warsh could create fertile ground for insider trading and corruption, echoing the broader “Trump‑style” corruption the author argues characterizes the administration’s second term. The piece concludes that Warsh’s approach threatens both economic stability and the integrity of the central bank. Read more: https://www.counterpunch.org/2026/06/22/kevin-warsh-fed-transparency-and-corruption/ #KevinWarsh #DonaldTrump #FederalReserve #OpenMarket #WayneAngell
0
0
0
0
The Atlantic | Alan Greenspan Was ‘Not Quite God’ by Annie Lowrey AI generated summary, Read the full article for complete information. Alan Greenspan, who died at 100, shaped the Federal Reserve’s reputation for independence and stability during his 1987‑2006 tenure, steering the economy through Black Monday, the early‑1990s recession, the dot‑com bubble and the Asian financial crisis while fostering a prolonged period of price stability and “great moderation” that bolstered public confidence; his understated, sometimes cryptic communication earned him a semi‑mythic “not quite God” status, but his faith in lightly regulated markets left the Fed vulnerable to the 2008 crisis his successor Ben Bernanke inherited, and although later chairs such as Jerome Powell acted decisively during COVID‑19, the era’s growing anti‑institutional sentiment and partisan politics now threaten the very independence Greenspan fought to preserve. Read more: https://www.theatlantic.com/ideas/2026/06/alan-greenspan-fed-independence/687687/?utm_source=feed #AlanGreenspan #FederalReserve #Fed #BenBernanke #UnitedStates
1
0
0
0
CounterPunch.org | Bursting the AI Bubble: the Fed Could End the “Who Could’ve Known” Defense by Dean Baker AI generated summary, Read the full article for complete information. Dean Baker argues that, like the 1990s tech bubble and the 2000s housing bubble, the emerging AI bubble will cause massive financial and economic damage, yet the responsible investment managers rarely face consequences because they hide behind the “who could have known?” defense—pointing to peers who made similarly reckless bets. He suggests that the Federal Reserve, with its sizable staff of economists, could help deflate the bubble by publicly assessing whether current stock market valuations are consistent with realistic GDP‑growth and profit projections; such an official judgment would force fund managers to justify their price targets rather than shrug them off as inevitable market folly. While this approach could curb speculative excesses, Baker doubts the new Fed chair will pursue it, fearing political considerations will outweigh the need for market discipline. Read more: https://www.counterpunch.org/2026/05/27/bursting-the-ai-bubble-the-fed-could-end-the-who-couldve-known-defense/ #Enron #FederalReserve #economics
0
0
3
0
US Top News and Analysis | Ross, TJX, and Walmart reveal how the real engine of the U.S. economy is doing AI generated summary, Read the full article for complete information. The article explains that the strong performance of off‑price retailers such as Ross Stores and TJX signals growing consumer frugality, even as shoppers across income levels are still spending. Ross Stores posted same‑store sales up 17 % and beat earnings expectations, while TJX reported 6 % comparable growth driven by higher basket size and more transactions. Walmart, however, warned that fuel purchases at its stations fell below ten gallons for the first time since 2022, reflecting pressure from high gasoline prices, though it maintains overall business strength. A recent consumer‑sentiment survey hit a record low, underscoring strain on lower‑income households, while premium brands like Deckers (Hoka, Ugg) still see healthy demand. The piece notes that upcoming earnings from other retailers—including Burlington, Capri Holdings, Abercrombie & Fitch, American Eagle, Gap, Kohl’s, and Costco—could reveal how different income cohorts are reacting to high fuel costs and broader economic conditions, which may influence the Federal Reserve’s interest‑rate decisions. Read more: https://www.cnbc.com/2026/05/22/ross-tjx-and-walmart-reveal-how-the-real-engine-of-the-us-economy-is-doing.html #Ross #TJX #Walmart #FederalReserve #KevinWarsh
0
0
5
0
US Top News and Analysis | Surge in 'risk-free' treasury yields sends bond investors in search of better opportunities AI generated summary, Read the full article for complete information. The recent surge in long‑dated U.S. Treasury yields— with the 10‑year hitting its highest level in more than a year and the 30‑year reaching a post‑2007 peak— is being driven by renewed inflation fears, geopolitical tension and expectations that the Federal Reserve, now led by new chairman Kevin Warsh, will keep rates higher for longer and may even raise them. This volatility has prompted analysts like JoAnne Bianco of BondBloxx to warn that Treasuries are no longer a “risk‑free” safe haven and to recommend investors shift to the intermediate part of the curve (5‑ to 7‑year notes) for steadier returns, while also seeking income opportunities in investment‑grade BBB corporate bonds— which historically offer a yield premium with low default risk— and high‑yield issuers that currently show strong earnings, tight spreads and solid credit fundamentals, suggesting defaults should remain well below long‑term averages. Read more: https://www.cnbc.com/2026/05/22/treasury-yields-bonds-investing-fed-rate-hikes.html #KevinWarsh #FederalReserve #HSBC #JoAnneBianco #USTreasury
0
0
5
0
Times of India | US mortgage rates hit highest level in nearly nine months, borrowing costs rise for homebuyers AI generated summary, Read the full article for complete information. US mortgage rates rose this week to their highest level in nearly nine months, with the average 30‑year fixed rate climbing to 6.51% from 6.36% and the 15‑year rate increasing to 5.85% from 5.71%, although both remain below the levels seen a year ago. The uptick follows heightened volatility in energy markets after the Iran‑Hormuz conflict, which pushed crude prices higher and fed expectations of inflation, while also reflecting broader influences such as Federal Reserve policy, government debt concerns and a jump in the 10‑year Treasury yield to 4.6%. Higher long‑term borrowing costs are expected to raise monthly mortgage payments and curb home‑buyer affordability, contributing to a slowdown in housing activity; mortgage applications fell 2.3% to a five‑week low and more borrowers are turning to adjustable‑rate mortgages, now accounting for about 10% of applications. Despite the tighter credit environment, some markets are seeing modest relief from increased inventory and lower listing prices, particularly in parts of the South and Midwest, offering limited opportunities for buyers willing to act in the spring season. Read more: https://timesofindia.indiatimes.com/business/international-business/us-mortgage-rates-hit-highest-level-in-nearly-nine-months-borrowing-costs-rise-for-homebuyers/articleshow/131249806.cms #FreddieMac #FederalReserve #USTreasury
0
0
3
0