Jared Bernstein on Fed Facing New Pressure to Hike Rates
Jared Bernstein, former chair of the Council of Economic Advisers under the Biden administration, discussed the possibility of the Federal Reserve raising interest rates at its upcoming meeting. He noted that while some market participants see a roughly one-third chance of a rate hike to reinforce the Fed's credibility
What would a rate hike signal about the new Fed chief's MO?
The Federal Reserve typically telegraphs its interest rate moves in advance, then follows through. This week will provide the clearest evidence yet on whether chairman Kevin Warsh is ending the era of the no-surprises Fed.
The big picture: Markets are now putting meaningful odds on the Fed delivering an interest rate h
Bank of Japan to signal more rate hikes as price pressures build
TOKYO, July 27 : The Bank of Japan is set to keep interest rates steady on Friday but leave scope for further hikes with hawkish communication, as the economy faces mounting inflationary pressure from the Middle East war, a weak yen and robust global AI demand.The central bank, however, will likely stay ambiguous on th
