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Fed expects to keep its key rate near zero through 2023
By Martin Crutsinger & Christopher Rugaber
The Financial Crisis the World Forgot
By Jeanna Smialek
Here's where the Federal Reserve sees interest rates, the economy and inflation going
By Maggie Fitzgerald
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Formerly TwitterMohamed A. El-Erian
elerianm
Also from @katie_martin_fx’s column in today’s @FT
“Traders,” “play-by-play commentators,” …. Whatever you call it, the concern is the same:
The #FederalReserve should act less as a volatility enhancer and more as a strategic anchor for the economy.
#markets #fed… pic.twitter.com/tclhmilCJq
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Mohamed A. El-Erian
elerianm
From @katie_martin_fx column in today’s @FT — a must read.
So much for the Fed’s forward policy guidance: What I find fascinating is that people I respect, both economists and market participants, are all over the place as a group when it comes to their thinking on both what the… pic.twitter.com/D0CSjLhMeO
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Jesse Felder
jessefelder
'Financial conditions are now looser by the Chicago Fed's own metric than at the beginning of 2022, when rates were effectively at zero and the Fed was still officially saying that inflation was transitory.' www.bloomberg.com/opinion/articles/2024-04-19/israel-iran-another-mideast-shock-for-markets?srnd=homepage-americas pic.twitter.com/Q8LQMZy3Ot
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Jesse Felder
jessefelder
'Fed officials are increasingly voicing concern high borrowing costs may not be doing enough work to rein in demand, increasing anxiety among investors and analysts that the central bank may need to raise rates further.' www.bloomberg.com/news/articles/2024-04-19/fed-s-powell-rethinks-interest-rate-cuts-for-2024-to-combat-inflation?srnd=homepage-americas
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All coverage
The Fed will not extend a pandemic-crisis rule that had allowed banks to relax capital levels
By Jeff Cox
Fed signals no rate rise until at least 2024 despite growth upgrade
By Colby Smith & James Politi