News about Federal Reserve, interest rates

From “bumps on the road” to “lack of progress” and greater uncertainty: Federal Reserve Chair Powell hardens his characterization of inflation. #economy #markets

Treasuries Stumble on Mere Mention of Fed Rate Hike by ⁦⁦@NewYorkFed⁩ President Williams www.bloomberg.com/news/articles/2024-04-18/bonds-stumble-on-mere-mention-of-fed-rate-hike-by-williams

❖ INVESTORS EXPECT AT LEAST TWO FED RATE CUTS IN 2024, BOFA SURVEY FINDS Fund managers overwhelmingly--at 76% of those polled--expect two or more Federal Reserve interest rate cuts in 2024, while 8% project no rate cut at all, according to the Bank of America's monthly global…

POWELL SAID FIRM INFLATION LAST QUARTER HAS INTRODUCED NEW UNCERTAINTY OVER WHEN AND WHETHER THE FED WILL BE ABLE TO LOWER RATES LATER THIS YEAR