Federal Reserve

Global Macro Playbook
Fed Minutes Show Concern Over Trump Policies and Inflation
The Federal Reserve expressed concerns about the potential for President Trump's initial policy proposals to drive up inflation. This concern was discussed at the central bank's January 28-29 meeting, a week after Trump's inauguration, as reported by Reuters, citing the meeting's minutes.
Global Macro Playbook
Fed Can Takes Its Time on Rate Decisions, Says Fed Vice Chair
Federal Reserve Vice Chair Philip Jefferson stated that the US economy's strength provides policymakers with the flexibility to carefully consider future interest rate adjustments, Bloomberg reports. His comments suggest a more cautious approach to further easing of monetary policy.Delivering prepared remarks Wednesday at an event at Vassar
Global Macro Playbook
Markets Weekly: Trump vs the World Puts Rate Cuts at Risk
President Donald Trump's aggressive trade policy has thrown down the gauntlet, not just to America's trading partners, but also to the Federal Reserve. With a flurry of new tariffs, threats of more to come, and a clear desire for lower interest rates, Trump has created a
Reuters
Stocks edge up, yields fall as US data, tariff risk gauged
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest tariff announcements raised hopes that the Federal Reserve may have some ...
Reuters
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest ...
Global Macro Playbook
Dollar Surges as Hot Inflation Data Extends Rate Hike Bets
The US dollar soared to a one-week high against the Japanese yen on Wednesday, fueled by stronger-than-expected inflation data for January, as reported by Reuters. This unexpected jump in consumer prices is prompting markets to recalibrate their expectations for Federal Reserve interest rate cuts, potentially delaying the anticipated easing of
Global Macro Playbook
Fed to Hold Rates "Quite a While" Despite Hot Inflation, El-Erian Says
Mohamed El-Erian, President of Queens’ College, Cambridge, and Bloomberg Opinion columnist, says the Federal Reserve will likely hold interest rates steady for a significant period following the release of a hotter-than-expected inflation report.In an interview on Bloomberg Television, El-Erian stated that the Fed, if truly committed to its
Global Macro Playbook
US Inflation Unexpectedly Heats Up, Reinforcing Fed Pause
US inflation unexpectedly accelerated in January, further dampening hopes for near-term interest rate cuts, Bloomberg reports. The news, which follows a Wednesday report from the Bureau of Labor Statistics, is likely to keep the Federal Reserve on hold for the foreseeable future.The Consumer Price Index (CPI) rose 0.5%
Reuters
Futures dip as Powell speech in focus for tariff, inflation comments
U.S. stock index futures slipped on Tuesday as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on inflation in the world's biggest ...
Reuters
Gold at record, stocks mixed as investors weigh Trump's latest tariff threat
Gold shot to a record high and stocks were subdued on Tuesday as investors braced for further shifts in U.S. trade policy and waited to hear from Federal Reserve Chair Jerome Powell on tariffs and ...
Reuters
Fed Monetary Policy Report flags solid economy, elevated markets
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the economy but warned about some concerning aspects of the financial system.
Reuters
Fed Monetary Policy Report flags solid state of US economy
The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.
Reuters
Leaving Fed behind, top central banks have room to ease
Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S. Federal Reserve could continue as it pauses its own policy easing, according ...
Global Macro Playbook
Fed Officials Express Growing Unease Over Trump's Tariff Impact on Inflation
Federal Reserve officials are increasingly vocal about their concerns over the potential inflationary impact of President Donald Trump's tariffs, CNBC reports. While the Fed typically avoids commenting on fiscal policy, the scale and breadth of the tariffs have prompted central bankers to highlight the potential risks.Speaking at
InvestmentNews
Bond traders cautious as tariff play clouds outlook
Bond traders exited wagers in futures and cash Treasuries in the past week, turning more neutral as brinkmanship around tariffs clouded the outlook for the economy and the Federal Reserve and ...
Global Macro Playbook
Fed Officials Warn of Inflation Risks from Trump's Tariffs
Federal Reserve officials are expressing growing concern over the inflationary impact of President Trump's recently announced tariffs, Reuters reports. In a series of public statements this week, several Fed officials indicated that the broad-based tariffs could significantly impact both consumer and producer prices.The Trump administration on Saturday
Reuters
Central bank body urges policy revamps to heed COVID lessons
Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank to revamp the way they approach interest rate setting to avoid the ...
InvestmentNews
Stagflation risk flattens Treasuries curve to 11-week low
The risk of a tit-for-tat trade war led traders to boost bets the Federal Reserve will be more careful on lowering interest rates, causing short-end yields to rise faster than longer ones. The moves ...
Global Macro Playbook
Markets Weekly: Trump-Fed Feud Masks a Shift in Economics Reality
The battle lines were drawn quickly. Following the Federal Reserve’s decision to hold interest rates steady at their most recent policy meeting, Donald Trump took to his social media platform, Truth Social, to voice his displeasure, not just with the decision itself, but with the very institution in
Reuters
Ex-Federal Reserve adviser Rogers arrested for passing trade secrets to China
A former senior adviser to the U.S. Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on ...
Global Macro Playbook
Fed Holds Steady on Rates, Awaiting Clarity from Trump
The US Federal Reserve held interest rates steady on Wednesday, as reported by Reuters, and Chair Jerome Powell indicated that further cuts are unlikely until there's greater clarity on the economic impact of the Trump administration's policies.The decision and Powell's comments create a
Global Macro Playbook
US Economic Growth Likely Slowed in Fourth Quarter Despite Strong Domestic Demand
The US economy likely experienced slower growth in the fourth quarter, as reported by Reuters. A surge in imports and a strike at Boeing, which disrupted aircraft spending, contributed to the slowdown. However, robust consumer spending, fueled by a resilient labor market, suggests the Federal Reserve will maintain a gradual
Bloomberg L.P.
Trader Mints Millions in Hours on Bond Options Bet Tied to Fed
A bond trader appears to have hit the jackpot on a one-day options bet that Treasury yields would climb Wednesday after the Federal Reserve’s decision, potentially raking in millions of dollars in ...
Reuters
Gold steady as Fed expected to remain on hold this week
Gold prices dipped on Monday pressured by a firmer U.S. dollar, while investors focussed on the Federal Reserve's first meeting of 2025 for more guidance on the U.S. interest rate path.
InvestmentNews
Bond traders re-focus on this week's Fed meeting
On Friday, the attention will shift to the Fed’s favored inflation gauge, the personal consumption expenditures index. It’s expected to show a small acceleration in price hikes by increasing 2.5% from ...
The Financial Times
Will the Federal Reserve respond to Donald Trump’s call on interest rates?
The Federal Reserve is not expected to cut interest rates on Wednesday but the US central bank’s policy is already under scrutiny from President Donald Trump. Investors overwhelmingly expect the Fed ...
Global Macro Playbook
Strong US Economy May Force Fed to Hike Rates Later, Says BlackRock CEO Fink
Larry Fink, BlackRock Inc.'s Chief Executive Officer, is cautiously optimistic about the US economy, suggesting that the Federal Reserve may need to raise interest rates later down the line despite near-term cuts, Bloomberg reports.Speaking at a panel discussion at the World Economic Forum in Davos, Switzerland, Fink
Reuters
After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
WASHINGTON, Jan 21 (Reuters) - After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump administration ...
The Financial Times
People are getting Trump and inflation wrong
The step missing is Federal Reserve policy. The key reason we should expect Democrat households to be wrong about their inflation expectations is that the Fed will not let another bout of rapid price ...
Reuters
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.