Tag: federal funds rate

Fed’s Evans: Managing Unemployment Under 5 Percent While Curbing Inflation Would Be ‘Good’ Outcome

If the Federal Reserve manages to rein in inflation while sustaining unemployment levels under 5 percent, that would be considered “good,” said Charles Evans, president of the Federal Reserve Bank of Chicago, on Wednesday in remarks at the University of Virginia. Based on policy projections outlined after the September Fed meeting, interest rates targeted at…


US Fed Funds Futures Fully Price in Rate Hike by December 2022 After Jobs Report

NEW YORK—Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November or December next year despite a U.S. payrolls report that came in way below expectations. The fed funds market showed a more than 94 percent chance of…