Tag Archives: Fed’s

The $ 1.9 billion stimulus package recently passed by the U.S. Congress won’t spur persistently higher inflation, said Federal Reserve Vice Chairman Richard Clarida on Thursday. The Fed and other forecasts “do not see this package — over a three-to-five year period — as putting undesirable upward pressure on inflation,” …

Ever since the pandemic struck last year, St. Louis Fed President James Bullard has been one of the most optimistic members of the U.S. central bank, predicting early and often that the economy could rebound strongly — well ahead of his colleagues. But that doesn’t mean Bullard projects an early …

Inflation could quickly rise once more Americans are vaccinated and the U.S. central bank should monitor price signals closely, Kansas City Fed President Esther George said Thursday. “It is worth recognizing that overall inflation could firm up quickly post-vaccination as demand for hard-hit sectors recovers,” George said, in a speech …

Could Democrats be fighting the last war and wasting money on another $ 1.9 trillion economic relief package? Perhaps, if St. Louis Federal Reserve president James Bullard is right. The Fed official thinks the economy is already set for a strong recovery in 2021. It’s possible U.S. economic growth could …

The numbers: The Chicago Fed’s national activity index, which is designed to gauge overall U.S. economic activity, declined to 0.27 in November from a revised 1.01 in the prior month. It is the smallest gain after the sharp decline in May. The index’s three-month moving average, which tries to smooth …

The U.S. economy is starting to show some initial signs of increased activity as businesses reopen as the coronavirus pandemic recedes, said New York Federal Reserve President John Williams on Wednesday. “I think we’re kind of in a good place…maybe near the bottom in terms of the economic downturn and, …

Equifax Inc., Nasdaq Inc. and Tiffany & Co. aren’t typically the kind of names associated with the troubles faced by Main Street businesses. But they now are among the more than 100 companies in the S&P 500 index that would fit the Federal Reserve’s expanded criteria unveiled Thursday to help …

Only hours after deploying one crisis-era funding facility, the Federal Reserve on Tuesday unleashed another, potentially more powerful weapon that gives primary dealers on Wall Street cheap loans to snap up a broad array of bonds and stocks. It has an aim of freeing up space on dealer’s balance sheets …