Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed’s July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect an improving economy and pave the way for a sooner-than-expected interest rate hike. Plosser, who is known for his longstanding… Continue reading VIDEO: Plosser, Fed’s Lone Dissenter, Warns Again On Risks Of Waiting To Hike Rates
Tag: US Federal Reserve
VIDEO: Pressure Builds Within Fed To Signal New Policy Course
Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the U.S. economy and lay the groundwork for the central bank’s first interest rate hike in nearly a decade. According to some U.S. central bankers and their close advisers, signs of economic resilience… Continue reading VIDEO: Pressure Builds Within Fed To Signal New Policy Course
VIDEO: Barring ‘very, Very Strong Data,’ Fed’s Lockhart Sees Mid-2015 Hike
A top Fed policymaker said on Friday, only signs of a much stronger U.S. economy will lead the Federal Reserve to hike interest rates before the middle of next year. Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said he still felt the economy would probably strengthen enough for a mid-2015 tightening to… Continue reading VIDEO: Barring ‘very, Very Strong Data,’ Fed’s Lockhart Sees Mid-2015 Hike
VIDEO: Fed In ‘real Debate’ On Rate Hike In Early To Mid-2015: Lockhart
Atlanta Fed President Dennis Lohckhar said the Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month. Lockhart told Reuters, “It is reasonable with the improving data to begin to anticipate a… Continue reading VIDEO: Fed In ‘real Debate’ On Rate Hike In Early To Mid-2015: Lockhart
VIDEO: No Fed Fireworks, But Plenty Of Clues, Expected At Jackson Hole
Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman Ben Bernanke two years ago that paved the way for an unprecedented $85 billion per month stimulus plan. But policymakers… Continue reading VIDEO: No Fed Fireworks, But Plenty Of Clues, Expected At Jackson Hole
VIDEO: Federal Reserve: College Education Worth $830,000 More Than High School Diploma
The Federal Reserve Board of San Francisco released a report that sought to answer whether or not it is still worth going to college. The report’s conclusion is, yes, going to college is still worth it. The report said there is an $830,000 difference between getting a college education over just a high school diploma.… Continue reading VIDEO: Federal Reserve: College Education Worth $830,000 More Than High School Diploma
VIDEO: Are Emerging Markets Too Toxic To Touch?
Asia Confidential has received a lot of feedback on our view of the relative attractiveness of Chinese and South Korean stocks in both Asian and international contexts. Some of the feedback has suggested that the risks with these markets are too great to make them investible at this juncture. Risk is a topic little understood… Continue reading VIDEO: Are Emerging Markets Too Toxic To Touch?
VIDEO: Stocks May Rise, But Ukraine Could Halt Rally
The prevailing trend in U.S. stocks could be higher next week if investor anxiety eases over the crisis in Ukraine and signs of weakness in the U.S. economy. Investors will watch for further signs that poor weather may have played a role in recent weak economic data and dampening profit outlooks, which would underscore views… Continue reading VIDEO: Stocks May Rise, But Ukraine Could Halt Rally