Noticias de dinero

US inflation outlook worsens – Fed spokesman

WASHINGTON, DC: The inflationary picture in the US has worsened since the start of the year, which could prolong the Federal Reserve’s (Fed’s) ongoing struggle with rising prices, a senior Fed official warned Friday. The central bank “may have more work to do” in fighting inflation if the data “show continued economic strength and slower

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Global

That’s why SVB exploded, says top Fed official

NY CNN — The Silicon Valley bank collapsed due to mismanagement and sudden panic among depositors, a senior Federal Reserve official told lawmakers at a hearing on Tuesday. In preparation testimony Released on Monday, Michael Barr, Fed Vice Chairman for Supervision, details how SVB management failed to effectively manage interest rate and liquidity risk. “The

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Noticias de dinero

Fed raises rates, sees additional ‘strengthening’

The US Federal Reserve (Fed) raised its key lending rate on Wednesday in an effort to strike a balance between containing high inflation and preventing further turmoil in the commercial banking sector. A quarter-point increase, which was in line with expectations, lifted their interest rate target to 4.75-5.0% at the end of a two-day policy

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Noticias de dinero

Fed hikes rates but signals potential pause in May

The Federal Open Market Committee (FOMC) issued an expected 25 basis point increase in its target federal funds rate on Wednesday. This never everhowever, “foresees that continued increases in the target range will be appropriate to achieve a sufficiently restrictive monetary stance to bring inflation back to 2 percent over time.” Now, FOMC “foresees that

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Noticias de dinero

The Fed is not backing down

A COMMENT: Marty, it’s nice to see a completely impartial Socrates. He predicted that rates would continue to rise next year, and the Fed has just confirmed his point. He doesn’t back down. Thank you. Socrates is very instructive. HS REPLY: I know there has been a lot of talk about the fact that the

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