Dennis Lockhart, the president of the Atlanta Fed and a key centrist on the central bank’s rate committee, backs staying on the sidelines, keeping powder dry in case of a renewed bout of weakness.
Similar Stories to The Fed: Key Fed Member Backs Keeping Powder Dry on Bing News
MarketWatch.com - Top Stories, MarketWatch
Tue, 05/01/2012 - 9:08am
BING NEWS:
- Inflation is cooling, but Fed wants to see more
They signaled that they were in no rush to reduce borrowing costs. The minutes of the Fed’s meetings sometimes provide key details behind the policymakers’ thinking, especially about how their ...
07/3/2024 - 3:46 am | View Link - Fed doesn’t expect inflation to hit 2% target until 2025, won’t commit to rate cuts
Speaking at an economic policy conference in Portugal, Powell said policymakers need more evidence that inflation is in check before the Fed begins slashing 23-year-high interest rates.
07/2/2024 - 5:53 am | View Link - Rate Cut By The Fed: Here Is What To Expect For Your Portfolio
The Fed is expected to cut interest rates only once in 4Q 2024. US macroeconomic statistics show decreasing inflation and low unemployment rates. Portfolio strategies should include ...
07/2/2024 - 1:30 am | View Link - The Fed Meeting Mortgage and Rates
Here's what to know about this bank and how it plays into rates. The Fed has two main jobs, called its "dual mandate": maintain price stability and keep unemployment low. When the economy heats up ...
07/1/2024 - 4:53 am | View Link - Fed’s preferred inflation gauge rose 2.6% in May in signal that prices could be easing
A key measure of inflation pointed to a slowdown ... The personal consumption expenditures price index (PCE) – the Fed’s preferred gauge of inflation – rose 0.1% in May compared to the ...
06/28/2024 - 10:12 am | View Link - More
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