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Fed's Bostic: open to a rate hike if inflation progress stalls

"If inflation stalls out or even starts moving in the opposite direction, away from our target, I don't think we'll have any other option but to respond to that," Bostic said at the University of Miami. Progress toward the Fed's 2% inflation goal has slowed in recent months, and U.S. central bankers have generally said that means they will likely hold rates at current levels for longer, with no urgency to cut them. Bostic himself has embraced that view, and currently projects one rate cut late in 2024 rather than the two rate cuts he had previously expected when inflation was coming down more rapidly. ....

Ann Saphir , Chris Reese , Leslie Adler , Atlanta Federal Reserve Bank , University Of Miami , Federal Reserve Bank President Raphael Bostic ,

Fed's Daly: Absolutely No Urgency to Cut US Interest Rates

Fed's Daly: Absolutely No Urgency to Cut US Interest Rates
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

San Francisco , United States , Mary Daly , Ann Saphir , Federal Reserve Bank , Kansas City Federal Reserve Bank , San Francisco President Mary Daly , Economic Policy Symposium , Jackson Hole , Francisco Federal Reserve President Mary Daly , March Fed , Diane Craft ,

Less Than Half of U.S. Banks Ready to Borrow From Fed in Emergency

Less Than Half of U.S. Banks Ready to Borrow From Fed in Emergency
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Federal Reserve Board Building , District Of Columbia , United States , Dan Burns , Marriners Eccles , Ann Saphir , Andrea Ricci , Silicon Valley Bank , Federal Reserve , Bank Term Funding Program ,

Less than half of U.S. banks ready to borrow from Fed in emergency

A year after Silicon Valley Bank s
failure, less than half of U.S. banks have established borrowing
capacity by pledging collateral at the Federal Reserve s
emergency lending facility, according to.
-April 12, 2024 at 02:13 pm EDT
- MarketScreener ....

Dan Burns , Ann Saphir , Andrea Ricci , Bank Term Funding Program , Silicon Valley Bank , Federal Reserve ,