Ex-Fed Chair Bernanke Says Next Fed Interest Rate Hike May Be Its Last

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Ex-Fed Chair Bernanke Says Next Fed Interest Rate Hike May Be Its Last

Bloomberg2023-07-21

Former Fed Chair sees inflation falling into next yearBernanke says a slowdown is likely, but recession will be mildThe Federal Reserve’s widely expected increase in interest rates next week may prove...

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Guavaxf30
·2023-07-21
Tonight's reaction to this will be pivotal to how the market moves. Previously, smallish indicators suggest rate hike movements have moved sentiment's considerably. This one from Bernanke may carry more weight. Time to rebalance my exposures If there are any early signs....
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Sginvest
·2023-07-21
Hoping for a huge recession, correction is much needed
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Andrewinho
·2023-07-21
Really? 🤔
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They’re pricing in the near certainty of a rate hike at the Fed’s July 25-26 meeting with limited chances of an additional increase thereafter, according to trading in the federal funds futures market.Speaking in his role as senior adviser to Pacific Investment Management Co., Bernanke said he sees inflation falling “more durably” to the 3% to 3.5% range over the next six months as rent increases ebb and automobile prices decline.“We’ll get down to three, three plus by early next year and then I think the Fed will take its time trying to get down to its 2% target,” Bernanke said.The personal consumption expenditures price index, the Fed’s favorite inflation gauge, rose 3.8% in May from a year earlier. 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Time to rebalance my exposures If there are any early signs....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200148029321408","repostId":1166658032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":200144081432824,"gmtCreate":1689897690218,"gmtModify":1689897694117,"author":{"id":"3570580376037980","authorId":"3570580376037980","name":"Sginvest","avatar":"https://static.tigerbbs.com/1740883cf737f8627d9918770a12314b","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Hoping for a huge recession, correction is much needed","listText":"Hoping for a huge recession, correction is much needed","text":"Hoping for a huge recession, correction is much needed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200144081432824","repostId":1166658032,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":200142418026696,"gmtCreate":1689897069048,"gmtModify":1689897072428,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Really? 🤔","listText":"Really? 🤔","text":"Really? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200142418026696","repostId":1166658032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":19,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}