binance left Coinmarketcap net_left adver left

Fed's Mester would back March rate hike to fight inflation

Tuesday, January 11, 2022
Fed's Mester would back March rate hike to fight inflation © Reuters. FILE PHOTO: Cleveland Federal Reserve Bank President Loretta Mester poses during an interview on the sidelines of the American Economic Association’s annual meeting in San Diego, California, U.S., January 3, 2020. REUTERS/ Ann Saphir

By Jonnelle Marte

(Reuters) -The Federal Reserve may need to raise interest rates at least three times this year and begin running down its balance sheet to respond to a tight labor market and inflation that is persistently high and more broad-based, Cleveland Fed President Loretta Mester said on Tuesday.

"If the economy in March looks like it does today and the outlook is similar ... then I would support moving the funds rate up at that meeting and starting to move back from some of the extraordinary accommodation we needed earlier in the pandemic," Mester said during an interview with Bloomberg TV.

Final decisions on monetary policy will depend on what is happening with the economy and be based on how the coronavirus pandemic plays out, Mester said. But Fed officials may need to recalibrate policy now to address inflation that is "well above" the U.S. central bank's target, she said.

Mester said she expects more workers to return to the labor market and for the labor force participation rate to rise over time, but added that policymakers cannot ignore the "tightness" that is playing out in the short term.

Fed officials are expected to begin debating strategies for removing the accommodation provided during the pandemic when they gather for their next policy meeting in two weeks. That involves raising interest rates and creating a plan for reducing the central bank's more than $8 trillion in bond holdings.

Mester said she thinks the Fed may be able to move more quickly when running down its balance sheet now than it has in the past because the economy is strong and its bond holdings are larger than they were previously.

"I'd like to ... set a path for the balance sheet," Mester said. "That will reduce accommodation and then we'll use our policy tool, the Fed funds rate, as our active tool."

Leave your comment
ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
24-01-2022 04:52:49 (UTC+7)

EUR/USD

1.1324

-0.0015 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

EUR/USD

1.1324

-0.0015 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

GBP/USD

1.3529

-0.0024 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (8)

USD/JPY

113.61

-0.07 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (0)

AUD/USD

0.7150

-0.0032 (-0.45%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (9)

USD/CAD

1.2599

+0.0018 (+0.14%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (2)

EUR/JPY

128.65

-0.26 (-0.21%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

EUR/CHF

1.0324

-0.0008 (-0.08%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,841.45

+9.65 (+0.53%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

Silver Futures

24.258

-0.062 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

Copper Futures

4.4660

-0.0580 (-1.28%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (3)

Crude Oil WTI Futures

85.33

+0.19 (+0.22%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (4)

Brent Oil Futures

87.30

+0.22 (+0.25%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (3)

Natural Gas Futures

3.738

-0.044 (-1.16%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (5)

US Coffee C Futures

235.63

-1.82 (-0.77%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (3)

Euro Stoxx 50

4,172.15

-57.41 (-1.36%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

S&P 500

4,397.93

-84.80 (-1.89%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

DAX

15,437.15

-166.73 (-1.07%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

FTSE 100

7,444.59

-49.54 (-0.66%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

Hang Seng

24,656.46

-309.09 (-1.24%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

US Small Cap 2000

1,987.92

-36.12 (-1.78%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (3)

IBEX 35

8,601.50

-93.20 (-1.07%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

BASF SE NA O.N.

65.555

-0.625 (-0.94%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Bayer AG NA

51.31

-0.31 (-0.60%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Allianz SE VNA O.N.

220.78

-0.92 (-0.41%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Adidas AG

247.43

-3.17 (-1.26%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (2)

Deutsche Lufthansa AG

6.771

-0.138 (-2.00%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Siemens AG Class N

143.12

-1.40 (-0.97%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (3)

Deutsche Bank AG

11.221

-0.257 (-2.24%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

 EUR/USD1.1324↑ Sell
 GBP/USD1.3529↑ Sell
 USD/JPY113.61↑ Buy
 AUD/USD0.7150↑ Sell
 USD/CAD1.2599Buy
 EUR/JPY128.65Buy
 EUR/CHF1.0324Neutral
 Gold1,841.45↑ Sell
 Silver24.258↑ Sell
 Copper4.4660↑ Buy
 Crude Oil WTI85.33↑ Sell
 Brent Oil87.30Neutral
 Natural Gas3.738Sell
 US Coffee C235.63Neutral
 Euro Stoxx 504,172.15↑ Buy
 S&P 5004,397.93↑ Sell
 DAX15,437.15↑ Buy
 FTSE 1007,444.59↑ Buy
 Hang Seng24,656.46↑ Buy
 Small Cap 20001,987.92Buy
 IBEX 358,601.50↑ Buy
 BASF65.555↑ Buy
 Bayer51.31Buy
 Allianz220.78Sell
 Adidas247.43Buy
 Lufthansa6.771Neutral
 Siemens AG143.12Buy
 Deutsche Bank AG11.221↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,210
(50/ 50) # 1,151
SJC HCM6,150/ 6,210
(27/ 17) # 1,151
SJC Hanoi6,150/ 6,212
(27/ 17) # 1,153
SJC Danang6,150/ 6,212
(27/ 17) # 1,153
SJC Nhatrang6,150/ 6,212
(27/ 17) # 1,153
SJC Cantho6,150/ 6,212
(27/ 17) # 1,153
Cập nhật 24-01-2022 04:52:51
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,842.40+7.760.42%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$85.00+0.620.72%
Brent$87.30+0.60.68%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.500,0022.810,00
EUR25.000,4426.401,93
GBP29.901,5831.178,49
JPY193,25204,57
KRW16,4019,98
Cập nhật lúc 16:49:52 24/01/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right