America’s growing debt pile may force the Federal Reserve to stop shrinking its balance sheet before the year is out, according to former U.S. Treasury adviser Zoltan Pozsar.
The Federal Reserve may need to raise interest rates to “somewhat restrictive” levels over the next couple of years to combat the effects of recent fiscal stimulus.
Data will determine if and how high the Federal Open Market Committee will raise rates, according to Federal Reserve Bank of Richmond President Tom Barkin.
Federal Reserve officials left the benchmark interest rate unchanged while reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace.
The market will have to wait for meeting minutes to learn policy makers' thinking on the accelerating GDP, the yield curve, interest rates, and trade wars.
Luke Tilley, chief economist at Wilmington Trust, discusses monetary policy and how a yield curve inversion could limit Fed rate hikes. Gary Siegel hosts.
The Federal Open Market Committee needs to be cautious on monetary policy or the yield curve could invert, Federal Reserve Bank of St. Louis President James Bullard said.
President Donald Trump criticized the Federal Reserve’s interest-rate increases, breaking with more than two decades of White House tradition of avoiding comments on monetary policy out of respect for the independence of the U.S. central bank.
