comparemela.com

Latest Breaking News On - Tom hoenig - Page 6 : comparemela.com

Fed slows interest rate increases with 50-basis-point hike, but signals more to come

The Federal Reserve enacted its seventh consecutive interest rate hike this year as it attempts to cool inflation without triggering an economic recession.

Interview: Christopher Leonard, Author of The Lords of Easy Money

Interview: Christopher Leonard, Author of The Lords of Easy Money
lewrockwell.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lewrockwell.com Daily Mail and Mail on Sunday newspapers.

The Enablers of Predatory Capitalism

Transcripts for FOXNEWS Sunday Morning Futures With Maria Bartiromo 20240604 14:19:00

santor icap tall, dan niles. thank you so much for being here. tom, get your take on the 75 basis-point move last week from the federal reserve. was it the right move, and how will it change things? i think let me just back up a second. it is very important move. there is a couple things you have to keep in mind. i worry a little bit that it gives an impression of panic almost on the part of the federal reserve. they had a plan. they were going 50 basis points. they were doing quantitative tightening. they get the numbers on inflation and decide to go to 75. so, yeah, whether it was the right move only time will tell but certainly they had to raise rates whether 50 or 75 and they have to raise it even more so they are on the right path. the thing i watched, not just the level of rates. they moved it to 75, we re now getting close to the 2% mark the

Transcripts for FOXNEWS Sunday Morning Futures With Maria Bartiromo 20240604 19:27:00

16%. dan, i want to get your take on growth, why tech stocks take it so hard. even this weekend you look at cryptocurrency, bitcoin fell below 20,000, i believe to 18,000 from high of 65,000 on bitcoin, but before that, tom, you heard what jason smith just said the ranking member on the budget, he thinks in fact inflation gets worse. how much worse do you expect this to get? how much higher to you expect the federal reserve to raise interest rates, tom? i think inflation will probably stay in the 8% range and then depending how, how big of a recession we encounter that will come down once we get started. the real test for the fed, once the recession becomes more apparent, and once that unemployment rate starts going up whether they will stick to their guns. yes, if that spending continues, if the federal reserve backs away its policy because

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.