Interest rates: Is Fed done with rate hikes?
2.3 هزار بار بازدید -
10 ماه پیش
-
Philadelphia Federal Reserve President Patrick
Philadelphia Federal Reserve President Patrick Harker claimed, in prepared remarks for the Delaware State Chamber of Commerce, that the central bank can ""hold rates where they are."" In September, the FOMC made the decision to hold rates steady, waiting to see how the economy unfolds. While surging treasury yields have brought inflation down, with all the economic headwinds and geopolitical conflicts, some analysts are skeptical of Harker's announcement.
Ross Mayfield, Baird Investment Strategy Analyst, joins Yahoo Finance to break down Harker's comments and what investors should realistically expect going forward.
In regards to the ongoing conflict, Mayfield explains that the Fed's main concern is domestic economy. However, Mayfield says, ""If there's a shock at the pump and consumers incorporate higher gas prices into their inflation expectations, it can kind of feed the inflationary beast and the Fed would have to respond to that. It might add a little complexity to their job, but I think they'll remain focused on the domestic economy first and foremost."""
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
#yahoofinance #jeromepowell #fed
Ross Mayfield, Baird Investment Strategy Analyst, joins Yahoo Finance to break down Harker's comments and what investors should realistically expect going forward.
In regards to the ongoing conflict, Mayfield explains that the Fed's main concern is domestic economy. However, Mayfield says, ""If there's a shock at the pump and consumers incorporate higher gas prices into their inflation expectations, it can kind of feed the inflationary beast and the Fed would have to respond to that. It might add a little complexity to their job, but I think they'll remain focused on the domestic economy first and foremost."""
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
#yahoofinance #jeromepowell #fed
10 ماه پیش
در تاریخ 1402/07/21 منتشر شده
است.
2,307
بـار بازدید شده