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50, 75, 100?


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2022 Jun 13, 5:04am   38,339 views  289 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  

This "relentlessly aggressive" stance could include raising interest rates by 0.75% on Wednesday, a move economists at Barclays said Friday is now their baseline expectation.

"Historically, the US central bank has avoided surprising markets – say, by going 75bp when it is not priced in," Barclays economists led by Jonathan Millar said in a note to clients published Friday.

"But next week, we feel, is likely to be an exception."

https://finance.yahoo.com/news/inflation-puts-pressure-on-powell-what-to-know-this-week-162615319.html

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287   AD   2024 May 2, 9:21am  

From what I could decipher from the 60 Minute interview with Federal Reserve Chairman Jerome Powell, the Fed will lower rates when the CPI's and PCE's 6 month average for annual inflation are below 3%.
288   zzyzzx   2024 May 3, 4:45am  

AD says

From what I could decipher from the 60 Minute interview with Federal Reserve Chairman Jerome Powell, the Fed will lower rates when the CPI's and PCE's 6 month average for annual inflation are below 3%.

Their mandate is 2% average inflation. Emphasis on average.

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