WASHINGTON - U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place “for some time,” a further sign policymakers see little need to change rates in either direction.
They quickly hit a dilemma as they discussed what could be a several years plan to structure perhaps $3.5 to $4 trillion of assets to either reflect existing market holdings of U.S. Treasuries, or to be focused on shorter-term maturities. Earlier on Wednesday, New York Fed President John Williams said at a press briefing that there is not currently a strong argument for changing rates.
Under pressure from dick head. Expect the bottom to fall out soon.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed may cut rates if inflation keeps disappointing: BullardFurther weakness in inflation could prompt the U.S. Federal Reserve to cut inter... Good, that'll fix it... Inflation is everywhere...just try asking an average American! When 50% of your population is living paycheque to paycheque, you delinquents are disappointed that there is no inflation because of your broken methods of measuring inflation?!? BLIND!!!
Source: Reuters - 🏆 2. / 97 Read more »
Trump’s potential Fed pick is a critic of the central bank and supports near-zero interest ratesFormer Trump campaign adviser Judy Shelton has emerged as a potential nominee to the Federal Reserve Board of Governors.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump's failed Fed pick Stephen Moore: If central bankers cut rates, it would be 'Moore's revenge'Moore, an advocate for easier monetary policy, says the Fed should not be worried about stronger economic growth causing out-of-control inflation. douchecanoe If Fed cut rates oil would be 100 bucks a barrel... You want to see a recession? Cut rates..
Source: CNBC - 🏆 12. / 72 Read more »
In Fed policy review, labor may finally win out over inflationIn Fed policy review, labor may finally win out over inflation by hpschneider WorldAtWork
Source: Reuters - 🏆 2. / 97 Read more »
Fed minutes could reveal what officials are really thinking about a possible 'insurance' rate cutToday's Fed minutes could reveal what officials are really thinking about a possible 'insurance' rate cut. Here's what to watch for.
Source: CNBC - 🏆 12. / 72 Read more »
Trump Fed Nominee Backs Policies That Would Crash The EconomyDonald Trump is really scraping the bottom of the barrel when it comes to his remaining Federal Reserve nominees—and he doesn't seem to understand what their individual views on monetary policy actually mean. Is he, or are you just saying that because you don't like orange bad man. I really can't tell anymore. That's where your credibility is with me. All the Democrate candidates back policies that would crash the economy.
Source: Forbes - 🏆 394. / 53 Read more »
Dow ends with triple-digit loss as weak retailer earnings offset Fed minutesU.S. stocks ended lower at the closing bell on Wednesday after a raft of weaker-than-expected earnings from retailers overshadowed the Federal Reserve's... one hundred down over twelve hundred To go. ;) So now China can sink the market by tweets and comments?
Source: MarketWatch - 🏆 3. / 97 Read more »
Dollar gauge slips but holds near 3-week high ahead of Fed minutesA popular gauge of the U.S. dollar on Wednesday hangs near its highest level in about three weeks, with investors awaiting an account of the Federal Open Market Committee’s most recent policy gathering, which holds the potential for a fresh catalyst for bucks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Fed Minutes to Shed Light on Inflation OutlookThe Federal Reserve’s minutes from its May meeting will offer new clues on how officials assessed an unexpected downtick in inflation and views toward lowering interest rates. The fools say that they want to prevent inflation, yet we're already drowning in inflation,v and have been for years. PLEASE CONTINUE TO BE GOOD HUMAN BEING. I'VE STARTED TO BECOME HUMAN BEING.
Source: WSJ - 🏆 98. / 63 Read more »
Fed speakers could steal focus from trade war in week aheadA flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Iran.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stock futures edge lower as Wall Street watches for Fed minutesU.S. stock futures signal a subdued to slightly lower start for Wall Street trade on Wednesday as investors brace for minutes from the Federal Reserve’s most recent policy gathering and as the market with the latest on American trade relations.
Source: MarketWatch - 🏆 3. / 97 Read more »