Gone quietEconomy

Fed officials signal further rate hike

Fed officials are signalling another hike and the Beige Book shows intensifying price pressures. Chair Kevin Warsh does not 'prejudge' the October 27-28 decision and says the global economy has shown unexpected resilience; markets expect a hold.

Developments: 9
Outlets: 3
Followed since: 13 Oct

The latest development

ReutersFri 16 Oct · 04:10 UTC
Fed's Warsh gives no hint on October policy decision Federal Reserve Chairman Kevin Warsh on Friday said he does ‌not…

01The story so far

nine developments over four days, a square each

02Developmentsnewest first

Friday 16 October

2 developments

15:11 UTC· the latest
Warsh says global economy resilient to shocks
The Fed chair said the world economy withstood strong shocks while central banks fight inflation and rich countries face rising bond yields.
1 sourceAFP
- AFPXFri 16 Oct, 15:11
  🌎 US Federal Reserve boss Kevin Warsh said the global economy had shown unexpected resilience against strong economic shocks, as central banks battle surging inflation, while rich countries tackle spiking bond yields. ➡️
  The original post
04:10 UTC
Fed's Warsh gives no hint on October rate decision
Fed Chairman Kevin Warsh said he does not 'prejudge' rate decisions, giving no preview of whether the Fed hikes or, as markets expect, holds at its October 27-28 meeting.
1 sourceReuters
- ReutersBlueskyFri 16 Oct, 04:10
  Fed's Warsh gives no hint on October policy decision Federal Reserve Chairman Kevin Warsh on Friday said he does ‌not "prejudge" interest-rate decisions, giving no preview of whether the central bank will hike or, as markets expect, ⁠hold short-term rates steady at its upcom
  The original post

Thursday 15 October

1 development

23:05 UTC
Fed's Hammack warns of bigger hikes if inflation expectations slip
Cleveland Fed President Beth Hammack said the Fed might need to hike more aggressively if public inflation expectations notably deteriorate.
1 sourceReuters
- ReutersBlueskyThu 15 Oct, 23:05
  Fed's Hammack warns inflation expectations deterioration could require Fed response Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday the Fed might need to hike interest rates more aggressively if there were to be a ‌notable deterioration in the public’s
  The original post

Wednesday 14 October

4 developments

23:40 UTC
Daly: more hikes likely but not urgent at October meeting
San Francisco Fed's Mary Daly said short-term rates will probably need to rise further but there is no need to act at the October 27-28 meeting.
1 sourceReuters
- ReutersBlueskyWed 14 Oct, 23:40
  EXCLUSIVE: Fed's Daly says rate hikes likely needed, but not urgently The Federal Reserve will probably need to increase short-term interest rates further ‌to rein in too-high inflation, San Francisco Federal Reserve President Mary Daly said on Wednesday, but she also signaled t
  The original post
21:25 UTC
Goolsbee: September CPI data discouraging
Chicago Fed President Austan Goolsbee said the latest consumer inflation data left him worried about price pressures.
1 sourceReuters
- ReutersBlueskyWed 14 Oct, 21:25
  Fed's Goolsbee says September CPI data was discouraging - Yahoo Finance Federal Reserve Bank of Chicago President Austan Goolsbee said on Wednesday the latest consumer-level inflation data left him worried about the state of ‌price pressures.
  The original post
18:45 UTC
Fed survey shows price pressures intensifying on fuel costs
The Fed's regional report found a low-hire, low-fire labour market and spreading inflation, underscoring what is at stake as it weighs a second straight rate hike later this month.
1 sourceReuters
- ReutersBlueskyWed 14 Oct, 18:45
  Fed survey shows price pressures intensifying amid rise in fuel costs The US labor market remained stuck in a low-hire, low-fire state and inflation was intensifying across parts of the country in recent weeks, a Federal Reserve report showed on Wednesday, underscoring what's a
  The original post
10:49 UTC
Williams sees no need for more Fed hikes in 2027
The New York Fed president said he does not expect further increases next year, while markets still price three more hikes.
1 sourceReuters
- ReutersBlueskyWed 14 Oct, 10:49
  🔊 Markets are still pricing in three Fed rate hikes, but New York Fed President John Williams says he doesn't see a need for any more in 2027. We unpack the gap between policymakers and investors on today’s Reuters Morning Bid podcast
  The original post

Tuesday 13 October

2 developments

23:30 UTC
Fed's Williams sees one more hike this year, none in 2027
New York Fed President John Williams said one more increase this year is appropriate but a 2027 rise is not likely needed.
1 sourceBloomberg
- BloombergBlueskyTue 13 Oct, 23:30
  Federal Reserve Bank of New York President John Williams said he still sees one more interest-rate hike as appropriate this year, but at the moment doesn’t believe it will be necessary for the central bank to increase rates again in 2027.
  The original post
21:10 UTC
Fed's Collins says another rate hike likely before year-end
Boston Fed President Susan Collins said the Fed will need to raise rates again in 2026 to lower high inflation.
1 sourceReuters
- ReutersBlueskyTue 13 Oct, 21:10
  Fed's Collins sees another rate hike on the table before end of 2026 Boston Federal Reserve President Susan Collins said on Tuesday she believes ‌the US central bank will need to raise interest rates again before the end of this year to lower high inflation.
  The original post