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01:15
Fed’s Fight With Inflation Not Over
T. Rowe Price’s Thomas Poullaouec commented on the Federal Reserve’s tenth consecutive rate hike, saying that while central banks are getting close to their terminal rates, tight labor markets are still putting upward pressure on inflation and it will take six to 18 months to see the full impacts of the hikes. In the meantime, Poullaouec expects Central banks to continue to focus on curbing inflation.
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01:01
Raymond James CIO Expects Mild Recession But No Immediate Rate Cuts
Raymond James Chief Investment Officer Larry Adam is forecasting that the Fed will have to deal with a very mild recession. He tells Bloomberg how he sees the contraction playing out and why he says don’t expect rate cuts anytime soon.
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01:08
Fed’s Bullard Sees Inflation As More Sticky Than His FOMC Peers
St. Louis’ Fed President, James Bullard, thinks inflation will be sticker than the Federal Open Market Committee are projecting. While the median range for Fed forecasted terminal rate is just over 5%, Bullard’s projection is more Hawkish.
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01:40
Former Fed Vice Chair Thinks Fed Should’ve Delayed Hike
Former Fed Vice Chair Alan Blinder feels the Fed should have left rates unchanged after their March FOMC meeting. The Fed elected to raise rates by 25 basis points, elevating the new rate range to 4.75%-5%, the highest since October 2007.
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01:32
Powell’s Congressional Testimony Spooks Markets
After recent economic data showed an uptick in inflation, the Head of the Federal Reserve was forced to leave behind the “disinflationary” rhetoric used after the first Federal Open Market Committee Meeting of the year, instead describing inflation as “moderating” while testifying to Congress on the Federal Reserve’s Monetary Policy decisions.
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01:25
St. Louis Federal Reserve President Vows Not To Repeat 70’s
They Say history repeats itself, but James Bullard, President of the Federal Reserve Bank of St. Louis said the Federal Reserve is determined not to let that happen. Or at least they want to avoid the inflation and volatility the US experienced in the 70’s.