Login
During an interview with CNBC Europe on Tuesday, Minneapolis Federal Reserve Bank President Neel Kashkari stated that right now, inflation is going sideways, we need “many more months of positive inflation data” to get one to two rate cuts and government
The post Minneapolis Fed Pres.: Gov’t ‘Contributed to’ Inflation, Inflation ‘Sideways’, Need ‘Many More Months’ for Rate Cuts appeared first on Breitbart.
There’s a palpable tension in the air as Wall Street is confronted with the once unthinkable: interest rates may not be at their peak.
The post Breitbart Business Digest: What Goes Up—Might Just Keep Going Up appeared first on Breitbart.
The April-May minutes have a much more hawkish tone than the summary of the previous meeting.
The post Fed Minutes Show Officials Willing To Hike If Needed appeared first on Breitbart.
One month's worth of data does not make a trend—unless it fits the consensus narrative that the Fed is going to cut interest rates a few times this year.
The post Breitbart Business Digest: Fed Is Still Not Cutting in September appeared first on Breitbart.
Jerome Powell still stubbornly resists the idea that the Fed's next move may be a hike rather than a cut.
The post Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be Coming appeared first on Breitbart.
President Joe Biden's policy of mass migration is forcing up housing inflation, so pushing up interest and mortgage rates, according to a report in the Wall Street Journal.
The post Wall Street Journal: Biden’s Migration Spikes Interest, Mortgage Rates appeared first on Breitbart.
President Joe Biden's migration crisis raises the mortgage rates that burden young couples and families, according to the president of the Federal Reserve Bank of Minneapolis.
The post Fed President: Migration Boosts Mortgage Rates appeared first on Breitbart.
The strength of the housing market suggests that a lack of housing supply, high levels of immigration, and increased demand from remote work may mean interest rates need to go higher to reduce inflation.
The post Fed President Kashkari Warns Rates Might Not Be High Enough appeared first on Breitbart.
Somebody forgot to tell corporate America that the stance of monetary policy is restrictive.
The post Breitbart Business Digest: Corporate Profits Say No to Rate Cuts appeared first on Breitbart.
The Federal Reserve admitted yesterday that progress on inflation has stalled and that it will take longer for the Fed to achieve the confidence it needs to cut interest rates.
The post Breitbart Business Digest: The Fed Finally Realized Progress on Inflation Has Stalled appeared first on Breitbart.
President Joe Biden's mass migration is boosting inflation, chiefly by raising housing prices, according to the Economist, a U.K.-based pro-globalism magazine.
The post Globalist Magazine Admits Joe Biden’s Migration Spikes Inflation appeared first on Breitbart.
As the evidence keeps pouring in that the U.S. is still mired in an inflationary economy, the possibility that the Federal Reserve will be forced to increase interest rates can no longer be ignored.
The post Breitbart Business Digest: It’s Time for the Fed to Start Talking About Hikes appeared first on Breitbart.
It is unlikely that the Fed will cut rates at all this year; and, if inflation stays hot, it may find that it will need to begin a new cycle of rate hikes sometime next year.
The post Breitbart Business Digest: There Are No Fed Cuts Ahead This Year appeared first on Breitbart.
Vaunce News 