News about interest rates, Fed

From the Bloomberg article, “Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data:” Fed Chair “Powell has kept the committee united in its rate path, with no dissents in nearly two years, but there are some signs of strains. Until recently, Powell had sounded dovish… pic.twitter.com/1wbDAzrrtx

From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

❖ "NO RATE CUTS BY THE FEDERAL RESERVE UNTIL 2025? The CEO of one of the world's largest independent financial advisory and asset management organizations is warning that there's a legitimate risk of no US interest rate cuts by the Federal Reserve this year. "This data…

❖ Fed Expected To Keep Rates High 'For As Long As Needed' The Fed is likely to "keep policy rates where they are for as long as needed to bring inflation down," Bank of America economists say in a note. They also expect the Fed to announce the tapering of balance sheet runoff.…