Fed & Central Banks
Panetta opens door to more ECB hikes as Italian inflation hits 5.4%
The Banca d’Italia governor told World Savings Day that price growth will stay above 2% for many quarters, with the ECB’s next decision due on December 17.
Fed & Central Banks
Explore the latest articles and updates in Fed & Central Banks.
Fed & Central Banks
Fed yield curve model puts US recession odds at 12.76% for September 2027
The indicator called eight of nine US downturns since 1960, but its 2022-2024 alarm proved false and its probabilities have been poorly calibrated...
Fed & Central Banks
Lagarde to step down as ECB president on February 7, 2027
The announcement came hours before the Governing Council’s rate decision, with three of the six Executive Board seats now set to turn over by May.
Fed & Central Banks
Fed holds rates at 3.75%-4% as Warsh flags inflation risk
Two FOMC members dissented in favor of a quarter-point hike, and markets still expect an increase at the December 8-9 meeting.
Fed & Central Banks
US inflation runs hot but Treasury yields fall: El-Erian on the paradox unsettling markets
In his weekly bulletin, economist Mohamed El-Erian flags an anomaly: three hotter-than-expected US inflation readings failed to lift Treasury...
Fed & Central Banks
US inflation lands today: why the September CPI is the number that decides the Fed’s October 28 meeting
At 8:30 am ET the Bureau of Labor Statistics releases September consumer prices, with consensus looking for headline inflation to climb to 3.7%...
Fed & Central Banks
Eurozone inflation hits 3.8%, an ECB policymaker doesn’t rule out an October hike as sovereign yields rise
Three weeks before the October 29 meeting, hotter inflation and a Fed leaning toward another hike are pushing euro-area bond yields higher.
Fed & Central Banks
Fed minutes show most FOMC officials expect another rate hike by year-end as 10-year Treasury yield rises to 5.33%
The minutes of the September 15-16 meeting show the Federal Reserve’s tightening turn under Kevin Warsh is no one-off, with AI-driven investment,...
Fed & Central Banks
Fed minutes: most FOMC members see another rate hike by year-end as 10-year Treasury yield hits 5.33%
The minutes of the September 15-16 meeting, released Wednesday evening, show that most FOMC participants consider another rate hike likely before...
Fed & Central Banks
Goldman’s Kaplan says markets price in too many Fed hikes, and the jobs data seem to agree
The Goldman Sachs vice chairman and former Dallas Fed president warned in September that markets expected more tightening than the Fed would...
