Tag: Federal Reserve Policy

Jobs Prints at 311,000, but Economy Still on Track for Recession in Third Quarter 2023

March 10, 2023
bank ratesBusiness & MarketsBusiness Columnistseconomic policieseconomyFederal Reserve PolicyjobsJobs Datajobs reportrecessionUSUS News
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Commentary New jobs created printed at 311,000 on Mar. 10, according to the Establishment Survey, far exceeding market expectations of 205,000 jobs. The Household Survey printed lower at 150,000. Net revisions were down 34,000 from December and January. The overwhelming majority of jobs were in the lower-wage sector, and job losses occurred in some of…

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Behind Interest Rate Hikes Sits Trillions in Bonds the Fed Must Unload

March 8, 2023
Business & Marketseconomic policieseconomyFederal Reserve Policyinflationinflation expectationsInvestmentpersonal financequantitative easingquantitative tighteningUSUS News
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Testifying before the Senate Banking Committee on March 7, Federal Reserve chairman Jerome Powell said he is prepared to accelerate interest rate hikes as economic growth and labor shortages continue to fuel inflation. Meanwhile, the Fed is still sitting atop a massive $8.4 trillion portfolio of bonds it bought through economic stimulus programs. This portfolio…

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Major Banks See Federal Reserve Raising Interest Rates Beyond 5 Percent as Inflation ‘Refuses to Soften’

February 17, 2023
Bank of AmericaBusiness & MarketsDeutsche Bankeconomic policieseconomyFederal Reserve PolicyGoldman Sachshigh inflationinflationU.S. interest rate hikesUS
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Goldman Sachs, Deutsche Bank, the Bank of America (BofA), and other financial institutions are expecting the Federal Reserve to extend its interest-rate hikes as elevated inflation and strong employment maintain upward pressure on prices. BofA now expects a pause in interest rate hikes in July rather than earlier expectations of June. “Resurgent inflation and solid…

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The Federal Reserve Policy You’ve Never Heard of Could Have the Biggest Effect on Your Wallet

June 16, 2022
Alternative InvestmentsbondBrightFed shrinks its balance sheetFederal Reserve Policyinterest ratesinvestingpersonal finance
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By Sarah Foster From Bankrate.com The Federal Reserve made headlines on June 15 when it raised interest rates by the single biggest hike since 1994, but another lesser-known decision at May meeting—albeit a substantially more complex one—could have an even greater influence over how much you pay to borrow money. The Fed said in May…

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