Hints and tips:
...One reason why is a big influx of foreign workers into the US, helping to contain wage growth and, ultimately, prices....
...A sharp slowdown in price pressures during the second half of 2023 led rate-setters to shift away from rate rises and towards considering cuts....
...Cleveland Fed president Loretta Mester will deliver a keynote speech at Columbia University....
...Elsewhere, Cleveland Fed president Loretta Mester is scheduled to make a television appearance....
...Price’s 2016 debut Midwest Farmer’s Daughter was the label’s first country record. It won comparisons to greats such as Loretta Lynn and Tammy Wynette....
...The rate is the markets’ assessment of annual price growth over the second half of the next decade....
...Several members of the Fed’s policy committee are making speeches, including chair Jay Powell, Cleveland president Loretta Mester and head of the Richmond Fed Thomas Barkin....
...Both moves affected food prices in particular....
...The tumble was not due solely to interest rate jitters, but it did not help that oil prices hit a five-month high, breaking through $90, at about the same time Minneapolis Fed head Neel Kashkari said he...
...Cleveland Fed president Loretta Mester and Fed board governor Michelle Bowman speak at public events later today....
...Fedspeak: Cleveland Fed president Loretta Mester will give the keynote address at a conference hosted by the Manhattan Institute for Policy Research in New York....
...Brazil’s statistics agency IBGE publishes producer price data for February....
...US stocks fell following the data showing a headline 3.4 per cent annual rise in consumer prices....
...Loretta Mester argues that the Fed’s median estimate of neutral long-term interest rates is too low at 2.6 per cent and has raised her estimate to 3 per cent....
...However, Mester, one of the more hawkish regional presidents, signalled she was disappointed at the progress on containing price pressures so far....
...Fedspeak: Atlanta Federal Reserve president Raphael Bostic and Cleveland Fed president Loretta Mester will speak on the economy and monetary policy at the 2024 Banking Outlook conference and Columbia University...
...But the €16bn price tag has attracted criticism....
...Need to know: Global economy Federal Reserve official Loretta Mester said the still strong labour market in the US would not derail plans to cut interest rates this year....
...Loretta Mester, a senior official at the US Federal Reserve, today tried to dampen expectations, arguing that markets had jumped “a little bit ahead”....
...It rapidly sent out the chairs of the New York, Atlanta and Cleveland regional Feds, John Williams, Raphael Bostic and Loretta Mester to hose down the exuberance....
...Last March, Judge Loretta Preska — no stranger to sovereign litigation — ruled against Argentina; in September, she entered a $16bn judgment for Burford, of which the litigation financier is entitled to...
...Bond yields rise when prices fall....
...Loretta Mester: Well, the inflation forecasts were off....
...Burford’s share price has soared by more than 50 per cent this year, amid a series of favourable judgments that culminated in a $16bn win for a case it backed against Argentina over the expropriation of...
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