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.
Similar Stories to Fed's Rosengren Says Cutting Rates Could Worsen Next Downturn: Bloomberg on Bing News
Reuters: Business News, Reuters: Business
Mon, 08/19/2019 - 11:43am
BING NEWS:
- Fed to cut rates twice this year, starting September
Only 15 expect more than two. Among 21 primary dealers polled, 10 expected the Fed to reduce rates only once or not at all in 2024. Inflation, particularly the personal consumption expenditures (PCE) ...
06/5/2024 - 1:44 am | View Link - Cut rates
The European Central Bank (ECB) looks set to cut rates for the first time since 2019 on Thursday, but what happens thereafter is a bigger puzzle.
06/2/2024 - 5:15 pm | View Link - Believe It Or Not, Rate Hikes Are Working: The Fed's Next Moves As The Business Cycle Turns
The Fed is likely keeping rates higher than expected due to concerns about financial stability and asset bubbles. Tightening is starting to have an impact, with hiring and demand for housing ...
05/31/2024 - 3:10 am | View Link - Fed’s Jay Powell hints interest rates will stay high as US inflation lingers
Still, Powell reiterated he did not expect the Fed to raise interest rates any further in light of stubborn inflation. “By many, many measures, the policy rate is restrictive,” Powell said, ...
05/13/2024 - 1:00 pm | View Link - Fed’s Kashkari Says Rates Likely on Hold for ‘Extended Period’
Kashkari, who penciled in two rates cuts for this year when Fed officials met in March, said Tuesday that he’ll forecast anywhere from two to zero cuts for 2024 when officials next meet in June ...
05/7/2024 - 1:26 am | View Link - More
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