FED

U.S. inflation expectations fall sharply – NY Fed Survey

Published on: March 13, 2023
15:43

By: Pavel López Lazo

Washington, Mar 13 (Prensa Latina) Short-term inflation expectations in the United States declined sharply 4.2% in February compared to 5% in January, according to a survey released Monday by the US Federal Reserve (Fed).

Cleveland Fed´s CEO wants more progress on inflation

Published on: November 21, 2022
17:34

By: Pavel López Lazo

Washington, Nov 21 (Prensa Latina) U.S. Federal Reserve (Fed) could reduce its rate hike coming December, Cleveland Fed´s CEO and President in Loretta Mester stressed.

FED warns of rate hike impact on potential U.S. recession

Published on: November 9, 2022
16:17

By: Pavel López Lazo

Washington, Nov 9 (Prensa Latina) The Federal Reserve's fight to lower inflation "may lead to a downturn" as the central bank's interest rate increases are "challenged" by still-high consumer savings, still-tight labor markets and ongoing supply problems, Richmond Fed President Thomas Barkin said on Wednesday.

U.S. construction spending drops in over a year

Published on: October 3, 2022
17:33

By: Pavel López Lazo

Washington, Oct 3 (Prensa Latina) Construction spending in the United States dropped 0.7% in August, largest decrease in a year and a half, the Department of Commerce (DOC) said Monday.

Fed raises interest rates by 0.75 point to fight off inflation

Published on: September 21, 2022
19:27

By: Pavel López Lazo

Washington, Sep 22 (Prensa Latina) In its eagerness to control the highest inflation in nearly 15 years and with no signs of letting up, the Federal Reserve (Fed) on Wednesday has pushed its interest rates by another 0.75 percentage point, lifting the target range to 3% to 3.25%.

Fed to analyze new interest rate hike

Published on: September 20, 2022
17:36

By: Pavel López Lazo

Washington, Sep 20 (Prensa Latina) U.S. Federal Reserve Open Market Committee (Fed) on Tuesday held a meeting to define new actions as part of the country´s monetary policy to control inflation.

Inflation expectations hit 4% among consumers, NY Fed says

Published on: September 14, 2021
07:20

By: Prensa Latina

Washington Sep 14 (Prensa Latina) U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve (FED).

Federal Reserve officials project rate increases in 2023

Published on: June 17, 2021
07:26

By: Prensa Latina

Washington, Jun 17 (Prensa Latina) US Federal Reserve (FED) officials on Wednesday raised its forecasts for the country's economic growth, while leaving the unemployment rate and interest rates unchanged, despite domestic inflation rose.

US Federal Reserve keeps interest rates unchanged

Published on: April 29, 2021
10:20

By: Prensa Latina

Washington, Apr 29 (Prensa Latina) US Federal Reserve (Fed) on Wednesday said the vaccine rollout has improved the US economy, but still held interest rates at near-zero as part of its commitment to aggressive economic stimulus.

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