Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023

Bloomberg2022-08-11

Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...

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Comments

Bspn
2022-08-11
Bspn
Ok
jimstocker
2022-08-11
jimstocker
Nice to know about it. Thanks
MrTig3r
2022-08-11
MrTig3r
power
K20
2022-08-11
K20
Ok
superduper
2022-08-11
superduper
Inflation is still so high! Why did markets chiong so much
Sigit waloyo
2022-08-11
Sigit waloyo
Good morning

Leave a comment

215

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The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907601066,"gmtCreate":1660179660057,"gmtModify":1703478780298,"author":{"id":"3554969559558020","authorId":"3554969559558020","name":"jimstocker","avatar":"https://community-static.tradeup.com/news/06dc60aa403aef62a4943d41f388c06a","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":3,"crmLevelSwitch":1,"idStr":"3554969559558020","authorIdStr":"3554969559558020"},"htmlText":"Nice to know about it. Thanks&nbsp;","listText":"Nice to know about it. Thanks&nbsp;","text":"Nice to know about it. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907601066","repostId":1183934267,"repostType":4,"repost":{"id":"1183934267","kind":"news","pubTimestamp":1660174345,"share":"https://ttm.financial/m/news/1183934267?lang=&edition=fundamental","pubTime":"2022-08-11 07:32","market":"us","language":"en","title":"Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934267","media":"Bloomberg","summary":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptabl","content":"<html><head></head><body><ul><li>Kashkari says softer inflation data don’t change Fed’s path</li><li>Inflation has eased but it’s ‘unacceptably high,’ Evans says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d7d85337a2078eab9aca4af6e40034c\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Charles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/Bloomberg</span></p><p>Two Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.</p><p>Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.</p><p>“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934267","content_text":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/BloombergTwo Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907844788,"gmtCreate":1660178598847,"gmtModify":1703478756991,"author":{"id":"3584333947690568","authorId":"3584333947690568","name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3584333947690568","authorIdStr":"3584333947690568"},"htmlText":"power","listText":"power","text":"power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907844788","repostId":1183934267,"repostType":2,"repost":{"id":"1183934267","kind":"news","pubTimestamp":1660174345,"share":"https://ttm.financial/m/news/1183934267?lang=&edition=fundamental","pubTime":"2022-08-11 07:32","market":"us","language":"en","title":"Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934267","media":"Bloomberg","summary":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptabl","content":"<html><head></head><body><ul><li>Kashkari says softer inflation data don’t change Fed’s path</li><li>Inflation has eased but it’s ‘unacceptably high,’ Evans says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d7d85337a2078eab9aca4af6e40034c\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Charles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/Bloomberg</span></p><p>Two Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.</p><p>Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.</p><p>“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934267","content_text":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/BloombergTwo Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907843939,"gmtCreate":1660178170525,"gmtModify":1703478745728,"author":{"id":"3583284147557843","authorId":"3583284147557843","name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3583284147557843","authorIdStr":"3583284147557843"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907843939","repostId":1183934267,"repostType":2,"repost":{"id":"1183934267","kind":"news","pubTimestamp":1660174345,"share":"https://ttm.financial/m/news/1183934267?lang=&edition=fundamental","pubTime":"2022-08-11 07:32","market":"us","language":"en","title":"Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934267","media":"Bloomberg","summary":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptabl","content":"<html><head></head><body><ul><li>Kashkari says softer inflation data don’t change Fed’s path</li><li>Inflation has eased but it’s ‘unacceptably high,’ Evans says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d7d85337a2078eab9aca4af6e40034c\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Charles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/Bloomberg</span></p><p>Two Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.</p><p>Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.</p><p>“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934267","content_text":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/BloombergTwo Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907855706,"gmtCreate":1660177836606,"gmtModify":1703478738814,"author":{"id":"3581550518409224","authorId":"3581550518409224","name":"superduper","avatar":"https://static.tigerbbs.com/04a121c70123b41a7011f9ec45096505","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581550518409224","authorIdStr":"3581550518409224"},"htmlText":"Inflation is still so high! Why did markets chiong so much&nbsp;","listText":"Inflation is still so high! Why did markets chiong so much&nbsp;","text":"Inflation is still so high! Why did markets chiong so much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907855706","repostId":1183934267,"repostType":2,"repost":{"id":"1183934267","kind":"news","pubTimestamp":1660174345,"share":"https://ttm.financial/m/news/1183934267?lang=&edition=fundamental","pubTime":"2022-08-11 07:32","market":"us","language":"en","title":"Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934267","media":"Bloomberg","summary":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptabl","content":"<html><head></head><body><ul><li>Kashkari says softer inflation data don’t change Fed’s path</li><li>Inflation has eased but it’s ‘unacceptably high,’ Evans says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d7d85337a2078eab9aca4af6e40034c\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Charles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/Bloomberg</span></p><p>Two Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.</p><p>Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.</p><p>“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934267","content_text":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/BloombergTwo Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9907829042,"gmtCreate":1660176873988,"gmtModify":1703478710864,"author":{"id":"4106663006772770","authorId":"4106663006772770","name":"Sigit waloyo","avatar":"https://static.itradeup.com/news/793d6f1c1bc32e2f7cdb8ef7a8931a1c","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"4106663006772770","authorIdStr":"4106663006772770"},"htmlText":"Good morning","listText":"Good morning","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907829042","repostId":1183934267,"repostType":4,"repost":{"id":"1183934267","kind":"news","pubTimestamp":1660174345,"share":"https://ttm.financial/m/news/1183934267?lang=&edition=fundamental","pubTime":"2022-08-11 07:32","market":"us","language":"en","title":"Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934267","media":"Bloomberg","summary":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptabl","content":"<html><head></head><body><ul><li>Kashkari says softer inflation data don’t change Fed’s path</li><li>Inflation has eased but it’s ‘unacceptably high,’ Evans says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d7d85337a2078eab9aca4af6e40034c\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>Charles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/Bloomberg</span></p><p>Two Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.</p><p>Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.</p><p>“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.</p><p>His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”</p><p>Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.</p><p>The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.</p><p>Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.</p><p>“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.</p><p>Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934267","content_text":"Kashkari says softer inflation data don’t change Fed’s pathInflation has eased but it’s ‘unacceptably high,’ Evans saysCharles Evans and Neel KashkariPhotographers: Al Drago, Andrew Harrer/BloombergTwo Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates this year and next.Minneapolis Fed President Neel Kashkari, who prior to the pandemic was the central bank’s most dovish policy maker, said Wednesday that he wants the Fed’s benchmark interest rate at 3.9% by the end of this year and at 4.4% by the end of 2023.“I haven’t seen anything that changes that,” Kashkari said, responding to a question about a Labor Departmentreportpublished earlier that showed consumer prices rose 8.5% from a year earlier in July. The print was slightly less than the 9.1% increase in the prior month that marked the highest inflation rate in four decades.His Chicago counterpart, Charles Evans, welcomed the news at a separate event Wednesday, but added that inflation remains “unacceptably high.” He said he expects “that we will be increasing rates the rest of this year and into next year to make sure inflation gets back to our 2% objective.”Kashkari will be a voter on the central bank’s rate-setting Federal Open Market Committee next year, while Evans is set to retire early next year.The inflation figures, which came in below forecasters’ estimates, prompted investors to scale back bets that Fed officials would opt for another rate increase of three quarters of a percentage point when they next meet Sept. 20-21, matching the moves at each of the last two meetings in June and July.Kashkari, alluding to market pricing of the Fed’s policy path, said it was not realistic to conclude that the Fed will start cutting rates early next year, when inflation is very likely still going to be well in excess of the 2% goal.“I think a much more likely scenario is we will raise rates to some point and then we will sit there until we get convinced that inflation is well on its way back down to 2% before I would think about easing back on interest rates,” he said.Evans said he expects the target range for the central bank’s benchmark rate -- now 2.25% to 2.5% -- to rise to 3.25% to 3.5% by the end of the year, and to 3.75% to 4% by the end of 2023.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":215,"commentSize":18,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1183934267"}