by Amanda Pagenhardt | Apr 3, 2024 | Central Bank, FOMC, Individuals, Institutions
Highlights of Jerome Powell’s Speech at Stanford Over the past year, inflation has come down significantly, and growth in economic activity and employment was strong. Labor supply increased significantly, thanks to rising participation among 25-to-54-year-olds,...
by Amanda Pagenhardt | Sep 20, 2023 | Central Bank, Individuals, Institutions
Summary: o Squarely focused on dual mandate to promote maximum employment and stable prices. o Highly attentive to the risks that high inflation poses to both sides of the dual mandate, and thus strongly committed to returning inflation to the 2 percent objective....
by Amanda Pagenhardt | Sep 20, 2023 | Central Bank, FOMC, Individuals, Institutions
Summary: Economic activities have been expanding. (No Change) Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. (Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter...
by Amanda Pagenhardt | Jul 27, 2023 | Central Bank, Individuals, Institutions
Summary Decided to raise the three key ECB interest rates by 25 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 4.25%, 4.50% and 3.75%...
by Amanda Pagenhardt | Jul 26, 2023 | Central Bank, FOMC, Individuals, Institutions
Summary: Economic activities have been expanding. (No Change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter credit...