Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support further interest rate cuts, saying that U.S. economic conditions are still good and that easing policy could encourage a worrying debt build-up.
Fed's Rosengren Says Cutting Rates Could Worsen Next Downturn: Bloomberg
Reuters: Business News, Reuters: Business
Mon, 08/19/2019 - 11:43am
BING NEWS:
- A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says
"We believe we are heading into a proper downturn that will require a proper easing cycle," Manulife's chief economist Frances Donald said.
05/7/2024 - 7:23 am | View Link - ECB should start cutting rates in June if inflation keeps falling, De Cos says
The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European Central Bank policymaker Pablo Hernandez de Cos said on Tuesday.
04/29/2024 - 10:09 pm | View Link - Why you should open a high-yield savings account before the Fed's April meeting
But if rates do go higher – either in April or at the Fed's June meeting – savers with high-yield savings accounts will be in a prime position to earn more thanks to the variable rate nature ...
04/23/2024 - 3:55 am | View Link - Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience
Policymakers’ preferred inflation gauge — the personal consumption expenditures price index — probably stayed elevated in March, according to data due in the coming week. The measure is seen ...
04/20/2024 - 9:42 pm | View Link - The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited rate cut comes, it may not be all that cathartic
Federal Reserve Chair Jerome Powell isn’t going to cut rates just because you want him to. Seems obvious, but it bears repeating. The federal funds rate currently stands at a 23-year high ...
04/17/2024 - 8:44 pm | View Link - More
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