Fed’s Waller Says September Taper Call May Be Warranted

92
10
Favorite

Fed’s Waller Says September Taper Call May Be Warranted

Bloomberg2021-08-03

Says ‘go early and go fast’ on taper if jobs stay strong Fed governor says may want flexibility to raise rates in 2022 Federal Reserve Governor Christopher Waller said that if the next two monthly U....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（10）

Ting123
·2021-08-03
hi
Reply
3
Report
Fold Replies
- Juzanub:
  bai
  2021-08-03
  Reply
  Report
NareshwG
·2021-08-03
Once Fed Reserve reduce bond purchase, could the economy sustain themselves?
Reply
3
Report
Fold Replies
- Ting123:
  Yes
  2021-08-03
  Reply
  Report
ivy888
·2021-08-03
Like
Reply
3
Report
Fold Replies
- BSK100:
  ok
  2021-08-04
  Reply
  Report
Erain1117
·2021-08-03
Comm
Reply
5
Report
Erain1117
·2021-08-03
Com
Reply
2
Report
NoobTrader9
·2021-08-03
Ok
Reply
1
Report
Roleodo
·2021-08-03
Not right now
Reply
2
Report
Robert88
·2021-08-03
Like pls thanks
Reply
2
Report
Fold Replies
- Erain1117:
  Com
  2021-08-03
  Reply
  Report
Universe宇宙
·2021-08-03
Not in August?
Reply
3
Report
Fold Replies
- Universe宇宙:
  ?
  2021-08-03
  Reply
  Report
- Roleodo:
  Hope not
  2021-08-03
  Reply
  Report
jj266
·2021-08-03
Ok
Reply
4
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1150341827?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-03 09:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1150341827","market":"us","top_or_hot":-1,"title":"Fed’s Waller Says September Taper Call May Be Warranted","media":"Bloomberg","content":"<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","article_id":"1150341827","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","pubTimestamp":1627952720,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"translate_title":"美联储沃勒称9月份的缩减呼吁可能是合理的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":804664765,"gmtCreate":1627954653857,"gmtModify":1703498477221,"author":{"id":"3583462330453117","authorId":"3583462330453117","name":"Ting123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804664765","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5409610,"gmtCreate":1627957291481,"gmtModify":1663231853857,"authorId":3577089547193180,"author":{"id":3577089547193180,"authorId":3577089547193180,"name":"Juzanub","avatar":"https://static.tigerbbs.com/b956e444c34e7992ebad8f9c4d5f7e72","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804664765,"type":1,"supId":0,"prevId":0,"content":"bai","text":"bai","html":"bai"}],"langContent":"EN"},{"id":804685994,"gmtCreate":1627954152018,"gmtModify":1703498460365,"author":{"id":"3572945845916163","authorId":"3572945845916163","name":"NareshwG","avatar":"https://static.tigerbbs.com/0d6dc06165c1a0cc4f1a8169ea48573d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Once Fed Reserve&nbsp;reduce bond purchase, could&nbsp;the economy sustain themselves?&nbsp;","listText":"Once Fed Reserve&nbsp;reduce bond purchase, could&nbsp;the economy sustain themselves?&nbsp;","text":"Once Fed Reserve reduce bond purchase, could the economy sustain themselves?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804685994","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5409030,"gmtCreate":1627954666363,"gmtModify":1663231850936,"authorId":3583462330453117,"author":{"id":3583462330453117,"authorId":3583462330453117,"name":"Ting123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804685994,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":804681229,"gmtCreate":1627954008161,"gmtModify":1703498455317,"author":{"id":"3579641974902127","authorId":"3579641974902127","name":"ivy888","avatar":"https://static.tigerbbs.com/10358949b7fc96b011ec29ca7fd9c9a4","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804681229","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5418202,"gmtCreate":1628032748343,"gmtModify":1663231891253,"authorId":4087271497625750,"author":{"id":4087271497625750,"authorId":4087271497625750,"name":"BSK100","avatar":"https://community-static.tradeup.com/news/2fedfee145bda2c2ba74dae101b70b22","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804681229,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":804680455,"gmtCreate":1627953921677,"gmtModify":1703498455154,"author":{"id":"3582688918852521","authorId":"3582688918852521","name":"Erain1117","avatar":"https://static.tigerbbs.com/77e2d636043f3db798b469addac3a920","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Comm","listText":"Comm","text":"Comm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804680455","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804680864,"gmtCreate":1627953912658,"gmtModify":1703498451097,"author":{"id":"3582688918852521","authorId":"3582688918852521","name":"Erain1117","avatar":"https://static.tigerbbs.com/77e2d636043f3db798b469addac3a920","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Com","listText":"Com","text":"Com","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804680864","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804615452,"gmtCreate":1627953808576,"gmtModify":1703498447868,"author":{"id":"4090231144855440","authorId":"4090231144855440","name":"NoobTrader9","avatar":"https://static.tigerbbs.com/1189e3845ff52d4631cf0acfddc9ae88","vip":1,"crmLevel":1,"crmLevelSwitch":0},"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/804615452","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804610587,"gmtCreate":1627953458349,"gmtModify":1703498436871,"author":{"id":"3585056055279803","authorId":"3585056055279803","name":"Roleodo","avatar":"https://static.tigerbbs.com/ae5b4d0b59e47870fed3cb5f3bb9b51f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Not right now","listText":"Not right now","text":"Not right now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804610587","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804633797,"gmtCreate":1627953027119,"gmtModify":1703498425617,"author":{"id":"3581517012154462","authorId":"3581517012154462","name":"Robert88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls thanks","listText":"Like pls thanks","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804633797","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5408901,"gmtCreate":1627953908945,"gmtModify":1663231851049,"authorId":3582688918852521,"author":{"id":3582688918852521,"authorId":3582688918852521,"name":"Erain1117","avatar":"https://static.tigerbbs.com/77e2d636043f3db798b469addac3a920","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804633797,"type":1,"supId":0,"prevId":0,"content":"Com","text":"Com","html":"Com"}],"langContent":"EN"},{"id":804639371,"gmtCreate":1627952954993,"gmtModify":1703498423183,"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":0},"htmlText":"Not in August?","listText":"Not in August?","text":"Not in August?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804639371","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5408908,"gmtCreate":1627953959039,"gmtModify":1663231850331,"authorId":3585001294737518,"author":{"id":3585001294737518,"authorId":3585001294737518,"name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804639371,"type":1,"supId":5408834,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5408834,"gmtCreate":1627953509388,"gmtModify":1635161507200,"authorId":3585056055279803,"author":{"id":3585056055279803,"authorId":3585056055279803,"name":"Roleodo","avatar":"https://static.tigerbbs.com/ae5b4d0b59e47870fed3cb5f3bb9b51f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804639371,"type":1,"supId":0,"prevId":0,"content":"Hope not","text":"Hope not","html":"Hope not"}],"langContent":"EN"},{"id":804697228,"gmtCreate":1627952894264,"gmtModify":1703498421381,"author":{"id":"3582868043238924","authorId":"3582868043238924","name":"jj266","avatar":"https://static.tigerbbs.com/7f964e4d85d7cb1a9afa6f4b6fea411c","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804697228","repostId":1150341827,"repostType":4,"repost":{"id":"1150341827","pubTimestamp":1627952720,"share":"https://www.laohu8.com/m/news/1150341827?lang=&edition=full","pubTime":"2021-08-03 09:05","market":"us","language":"en","title":"Fed’s Waller Says September Taper Call May Be Warranted","url":"https://stock-news.laohu8.com/highlight/detail?id=1150341827","media":"Bloomberg","summary":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to r","content":"<ul>\n <li>Says ‘go early and go fast’ on taper if jobs stay strong</li>\n <li>Fed governor says may want flexibility to raise rates in 2022</li>\n</ul>\n<p>Federal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.</p>\n<p>“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”</p>\n<p>The Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.</p>\n<p>A few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/66f4840c32e923c8248c423a2f0c79ac\" tg-width=\"1605\" tg-height=\"866\" width=\"100%\" height=\"auto\"></p>\n<p>On the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was&nbsp;echoed&nbsp;by Governor Lael Brainard on Friday.</p>\n<p>Waller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.</p>\n<p>“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”</p>\n<p>Fed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.</p>\n<p>July’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.</p>\n<p><b>October Start</b></p>\n<p>Tapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.</p>\n<p>While Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.</p>\n<p>“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”</p>\n<p>Moreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.</p>\n<p>“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.</p>","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’s Waller Says September Taper Call May Be Warranted</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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’s Waller Says September Taper Call May Be Warranted\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/waller-says-strong-job-reports-may-warrant-september-taper-call?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150341827","content_text":"Says ‘go early and go fast’ on taper if jobs stay strong\nFed governor says may want flexibility to raise rates in 2022\n\nFederal Reserve Governor Christopher Waller said that if the next two monthly U.S. employment reports show continued gains, he could back an announcement soon on scaling back the central bank’s bond purchases.\n“I think you could be ready to do an announcement by September,” Waller said Monday in an interview on CNBC. “That depends on what the next two jobs reports do. If they come in as strong as the last one, then I think you have made the progress you need. If they don’t, then I think you are probably going to have to push things back a couple of months.”\nThe Federal Open Market Committee last week held interest rates near zero and said it would maintain its $120 billion monthly pace of asset purchases until “substantial further progress” had been made on employment and inflation. But the FOMC also said that the economy had made progress toward these goals and that policy makers would continue to assess progress at coming meetings.\nA few regional Fed presidents, including Waller’s former boss at the St. Louis Fed, James Bullard, have urged the U.S. central bank to get started this fall with tapering of bond buying in light of the risk of higher inflation.\n\nOn the other hand, Chair Jerome Powell has emphasized patience. He cited employment progress at his post-FOMC meeting press conference July 28 and said that “we see ourselves as having some ground to cover to get there.” That more dovish message was echoed by Governor Lael Brainard on Friday.\nWaller said the Fed should use the opportunity of the continued labor-market recovery to win itself some space to be flexible on raising interest rates as soon as next year if needed.\n“If the jobs reports come in as I think they’re going to in the next two reports, then in my view with tapering we should go early and go fast, in order to make sure we’re in position to raise rates in 2022 if we have to. I’m not saying we would.”\nFed officials in June signaled they’d keep rates near zero until 2023, according to their median projection, though seven of the 18 policy makers penciled in rate liftoff next year.\nJuly’s U.S. jobs report will be released at 8.30 a.m. in Washington on Friday. Economists surveyed by Bloomberg forecast that employers added 875,000 workers to payrolls last month, up from 850,000 in June.\nOctober Start\nTapering could begin as soon as October and be completed in around five or six months if the labor market was sufficiently strong, Waller said. That timeline was similar to Bullard’s view, outlined Friday, to begin the taper in the fall and complete it by the end of the first quarter of 2022.\nWhile Waller said he agreed with the FOMC view that inflation’s surge is most likely transitory, he said he was troubled by signs that business executives are taking advantage of a perceived ability to push prices higher.\n“My concern is this anecdotal evidence I am hearing from business contacts who are saying they are able to pass prices through, they fully intend to,” he said. “They have got pricing power for the first time in a decade. Those are the sorts of issues that make you concerned that this may not be transitory.”\nMoreover, the Fed official said the surge in Covid-19 cases from the delta variant, which has buffeted financial markets in recent weeks, shows no sign of reducing the U.S. economic momentum. Henotedan earlier wave of Covid had little economic impact earlier this year.\n“The delta variant is not going to sidetrack the U.S. economy in any way,” Waller said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":92,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}