Fed More Worried About Risks of "Unacceptably High" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show

MarketWatch2022-10-13

Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation "unacceptably high," Federal Reserve leaders ...

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Simonnov
·2022-10-13
Ic
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MickeyBond
·2022-10-13
Ok
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OO_898
·2022-10-13
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2
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Universe宇宙
·2022-10-13
U.S. Interest rate of 3% vs Inflation of more than 8%, you call Fed overdoing rate hikes? [LOL] [Facepalm] It's like telling me I get 3% for a Singapore Fixed Deposit but the Inflation was 7.5% (Singapore Aug 2022), meaning I made a loss of 4%! [Facepalm] Come on, more aggressive rate hikes needed! Do a 2.0% rate hike in Nov 2022! [Heart]
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- Universe宇宙:
  [LOL] [Facepalm]
  2022-10-13
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- kukuman:
  Singaporean worse la GST 10% people still support.
  2022-10-13
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- Universe宇宙:
  [ShakeHands]
  2022-10-13
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MIe
·2022-10-13
Fed hikes Nov n dec to watch
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DanishL
·2022-10-13
understand
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1
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Alexiss
·2022-10-13
Ok
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2
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CArs
·2022-10-13
Jo
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1
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Gerinit
·2022-10-13
Pls like. Thanks
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7
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- Shahfarid:
  Ok.
  2022-10-13
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- Alexiss:
  Ok
  2022-10-13
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Chibichibi
·2022-10-13
Like
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3
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iamjingxian
·2022-10-13
Ok
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- iamjingxian:
  Ok
  2022-10-13
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Calculator88
·2022-10-13
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- YaocH:
  Aaa
  2022-10-13
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AS78
·2022-10-13
Ok
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- AS78:
  Ok
  2022-10-13
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- Torres87:
  ok
  2022-10-13
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xiaobaii
·2022-10-13
like & comment
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4
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- Gerinit:
  👍
  2022-10-13
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TSY123
·2022-10-13
Ok
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Hayleyxn
·2022-10-13
Ok
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- xiaobaii:
  like & comment
  2022-10-13
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- Hayleyxn:
  ok
  2022-10-13
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SiniS
·2022-10-13
Ok
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- Torres87:
  ok
  2022-10-13
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DarkFate
·2022-10-13
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- hengonghuat888:
  nice
  2022-10-13
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- Kristo:
  wow
  2022-10-13
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陈河马
·2022-10-13
Wow
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- WinZ:
  [Smile]
  2022-10-13
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ALi_BaBa
·2022-10-13
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ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","article_id":"2275300664","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","pubTimestamp":1665612798,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"美联储会议纪要显示，美联储更担心“不可接受的高”通胀风险，而不是过度加息","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9980988418,"gmtCreate":1665628027334,"gmtModify":1676537638782,"author":{"id":"4097750438225520","authorId":"4097750438225520","name":"Simonnov","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4097750438225520","authorIdStr":"4097750438225520"},"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980988418","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980980288,"gmtCreate":1665627492344,"gmtModify":1676537638604,"author":{"id":"4116119002753472","authorId":"4116119002753472","name":"MickeyBond","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4116119002753472","authorIdStr":"4116119002753472"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980980288","repostId":2275300664,"repostType":2,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980917703,"gmtCreate":1665627419402,"gmtModify":1676537638580,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582969710070724","authorIdStr":"3582969710070724"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980917703","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980917947,"gmtCreate":1665627291689,"gmtModify":1676537638548,"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,"idStr":"3585001294737518","authorIdStr":"3585001294737518"},"htmlText":"U.S.&nbsp;Interest rate of 3% vs Inflation of more than 8%, you call Fed overdoing rate hikes?&nbsp;[LOL]&nbsp;[Facepalm]&nbsp; It's like&nbsp;telling me I get 3% for a Singapore Fixed Deposit but the Inflation was 7.5% (Singapore Aug 2022), meaning I made a loss of 4%!&nbsp;[Facepalm]&nbsp; Come on, more aggressive rate hikes needed! Do a 2.0% rate hike in Nov 2022!&nbsp;[Heart]&nbsp;","listText":"U.S.&nbsp;Interest rate of 3% vs Inflation of more than 8%, you call Fed overdoing rate hikes?&nbsp;[LOL]&nbsp;[Facepalm]&nbsp; It's like&nbsp;telling me I get 3% for a Singapore Fixed Deposit but the Inflation was 7.5% (Singapore Aug 2022), meaning I made a loss of 4%!&nbsp;[Facepalm]&nbsp; Come on, more aggressive rate hikes needed! Do a 2.0% rate hike in Nov 2022!&nbsp;[Heart]&nbsp;","text":"U.S. Interest rate of 3% vs Inflation of more than 8%, you call Fed overdoing rate hikes? [LOL] [Facepalm] It's like telling me I get 3% for a Singapore Fixed Deposit but the Inflation was 7.5% (Singapore Aug 2022), meaning I made a loss of 4%! [Facepalm] Come on, more aggressive rate hikes needed! Do a 2.0% rate hike in Nov 2022! [Heart]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/9980917947","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104332098,"gmtCreate":1665640817485,"gmtModify":1665640820865,"authorId":3585001294737518,"author":{"id":3585001294737518,"idStr":"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 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[Facepalm]"},{"id":104330533,"gmtCreate":1665634654928,"gmtModify":1665638343214,"authorId":3560633569961806,"author":{"id":3560633569961806,"idStr":"3560633569961806","authorId":3560633569961806,"name":"kukuman","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980917947,"type":1,"supId":0,"prevId":0,"content":"Singaporean worse la GST 10% people still support.","text":"Singaporean worse la GST 10% people still support.","html":"Singaporean worse la GST 10% people still 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[Facepalm]"}],"langContent":"EN"},{"id":9980914781,"gmtCreate":1665627252243,"gmtModify":1676537638539,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Fed hikes Nov n dec to watch&nbsp;","listText":"Fed hikes Nov n dec to watch&nbsp;","text":"Fed hikes Nov n dec to watch","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980914781","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980934372,"gmtCreate":1665626125497,"gmtModify":1676537638098,"author":{"id":"4110172590558902","authorId":"4110172590558902","name":"DanishL","avatar":"https://community-static.tradeup.com/news/f387014fd494feee4179d497511374ca","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4110172590558902","authorIdStr":"4110172590558902"},"htmlText":"understand","listText":"understand","text":"understand","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980934372","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980939422,"gmtCreate":1665625165766,"gmtModify":1676537637822,"author":{"id":"4093827796988890","authorId":"4093827796988890","name":"Alexiss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093827796988890","authorIdStr":"4093827796988890"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980939422","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980939922,"gmtCreate":1665625123766,"gmtModify":1676537637805,"author":{"id":"4096004503736230","authorId":"4096004503736230","name":"CArs","avatar":"https://static.tigerbbs.com/c8a67cdb0348bbb5c39045f261522eff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4096004503736230","authorIdStr":"4096004503736230"},"htmlText":"Jo","listText":"Jo","text":"Jo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980939922","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980997869,"gmtCreate":1665624922652,"gmtModify":1676537637724,"author":{"id":"4102323649583470","authorId":"4102323649583470","name":"Gerinit","avatar":"https://static.tigerbbs.com/32f151d5c2b15c07d43c4d7f9f49fbab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4102323649583470","authorIdStr":"4102323649583470"},"htmlText":"Pls like. Thanks","listText":"Pls like. Thanks","text":"Pls like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980997869","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104329013,"gmtCreate":1665626719929,"gmtModify":1665626723536,"authorId":4097058432007810,"author":{"id":4097058432007810,"idStr":"4097058432007810","authorId":4097058432007810,"name":"Shahfarid","avatar":"https://community-static.tradeup.com/news/1f2b82742973385f8cc959480d03504d","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997869,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok.<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">Ok.<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Ok.<span class=\"Apple-converted-space\"> </span></span>"},{"id":104328236,"gmtCreate":1665625162187,"gmtModify":1665625165576,"authorId":4093827796988890,"author":{"id":4093827796988890,"idStr":"4093827796988890","authorId":4093827796988890,"name":"Alexiss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.23","exceedPercentage":"93.16%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997869,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9980992792,"gmtCreate":1665624605416,"gmtModify":1676537637627,"author":{"id":"3582020670131796","authorId":"3582020670131796","name":"Chibichibi","avatar":"https://static.tigerbbs.com/671a41a5ed2aa68a8f1cfd3e8d82402a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582020670131796","authorIdStr":"3582020670131796"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980992792","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980999278,"gmtCreate":1665624096494,"gmtModify":1676537637415,"author":{"id":"3581622136793314","authorId":"3581622136793314","name":"iamjingxian","avatar":"https://static.tigerbbs.com/4a7d55045354c9b1e5e00823a79034b4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581622136793314","authorIdStr":"3581622136793314"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980999278","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104327542,"gmtCreate":1665624106552,"gmtModify":1665624109958,"authorId":3581622136793314,"author":{"id":3581622136793314,"idStr":"3581622136793314","authorId":3581622136793314,"name":"iamjingxian","avatar":"https://static.tigerbbs.com/4a7d55045354c9b1e5e00823a79034b4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980999278,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9980999921,"gmtCreate":1665624037663,"gmtModify":1676537637406,"author":{"id":"3583354852168828","authorId":"3583354852168828","name":"Calculator88","avatar":"https://static.tigerbbs.com/5a2c4088dca8986e0e57d7f1f47c11bc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3583354852168828","authorIdStr":"3583354852168828"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980999921","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104328105,"gmtCreate":1665624953140,"gmtModify":1665624956694,"authorId":3565606031340333,"author":{"id":3565606031340333,"idStr":"3565606031340333","authorId":3565606031340333,"name":"YaocH","avatar":"https://community-static.tradeup.com/news/bd36b13b6f78e9fd2dc60b5637a51b9c","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.25","exceedPercentage":"60.48%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980999921,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Aaa</span>","text":"<span class=\"s1\">Aaa</span>","html":"<span class=\"s1\">Aaa</span>"}],"langContent":"EN"},{"id":9980905578,"gmtCreate":1665623778596,"gmtModify":1676537637308,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3554958921608603","authorIdStr":"3554958921608603"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980905578","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104327752,"gmtCreate":1665624422866,"gmtModify":1665624426846,"authorId":3554958921608603,"author":{"id":3554958921608603,"idStr":"3554958921608603","authorId":3554958921608603,"name":"AS78","avatar":"https://community-static.tradeup.com/news/d392d10a42f496e319268418e7602694","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980905578,"type":1,"supId":104327480,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":104327480,"gmtCreate":1665624054584,"gmtModify":1665624058211,"authorId":4087343690210600,"author":{"id":4087343690210600,"idStr":"4087343690210600","authorId":4087343690210600,"name":"Torres87","avatar":"https://static.tigerbbs.com/d156a82c34541c0ce64bf92741403fa5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980905578,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9980902228,"gmtCreate":1665623694264,"gmtModify":1676537637276,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment&nbsp;","listText":"like &amp; comment&nbsp;","text":"like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980902228","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104328068,"gmtCreate":1665624894999,"gmtModify":1665624898560,"authorId":4102323649583470,"author":{"id":4102323649583470,"idStr":"4102323649583470","authorId":4102323649583470,"name":"Gerinit","avatar":"https://static.tigerbbs.com/32f151d5c2b15c07d43c4d7f9f49fbab","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.01.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980902228,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"EN"},{"id":9980903778,"gmtCreate":1665623245895,"gmtModify":1676537637177,"author":{"id":"3583665662213187","authorId":"3583665662213187","name":"TSY123","avatar":"https://static.tigerbbs.com/af38fbc4f07efb7ae9b5ebd03aa4b79b","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3583665662213187","authorIdStr":"3583665662213187"},"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/9980903778","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9980071764,"gmtCreate":1665622118958,"gmtModify":1676537636922,"author":{"id":"3578382329083125","authorId":"3578382329083125","name":"Hayleyxn","avatar":"https://static.tigerbbs.com/38f91d6f48b5ef2c23595e416b33bb59","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578382329083125","authorIdStr":"3578382329083125"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980071764","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104327411,"gmtCreate":1665623701505,"gmtModify":1665623704671,"authorId":3571345352614779,"author":{"id":3571345352614779,"idStr":"3571345352614779","authorId":3571345352614779,"name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980071764,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>"},{"id":104327001,"gmtCreate":1665622129648,"gmtModify":1665622133027,"authorId":3578382329083125,"author":{"id":3578382329083125,"idStr":"3578382329083125","authorId":3578382329083125,"name":"Hayleyxn","avatar":"https://static.tigerbbs.com/38f91d6f48b5ef2c23595e416b33bb59","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980071764,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9980071401,"gmtCreate":1665622106504,"gmtModify":1676537636922,"author":{"id":"3575200115109066","authorId":"3575200115109066","name":"SiniS","avatar":"https://static.tigerbbs.com/6c54fb65b275549d9e3c4b80c5117022","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575200115109066","authorIdStr":"3575200115109066"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980071401","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104327491,"gmtCreate":1665624065812,"gmtModify":1665624069256,"authorId":4087343690210600,"author":{"id":4087343690210600,"idStr":"4087343690210600","authorId":4087343690210600,"name":"Torres87","avatar":"https://static.tigerbbs.com/d156a82c34541c0ce64bf92741403fa5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980071401,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9980079438,"gmtCreate":1665621792724,"gmtModify":1676537636866,"author":{"id":"4097476142152970","authorId":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4097476142152970","authorIdStr":"4097476142152970"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980079438","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104329776,"gmtCreate":1665629876865,"gmtModify":1665629880933,"authorId":3582012861700998,"author":{"id":3582012861700998,"idStr":"3582012861700998","authorId":3582012861700998,"name":"hengonghuat888","avatar":"https://community-static.tradeup.com/news/9ba41bcf5558b9fea16af2b0354d1176","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980079438,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"},{"id":104327311,"gmtCreate":1665623295771,"gmtModify":1665623298954,"authorId":3557634928383187,"author":{"id":3557634928383187,"idStr":"3557634928383187","authorId":3557634928383187,"name":"Kristo","avatar":"https://static.tigerbbs.com/07075676425d47f31685477722d0d415","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980079438,"type":1,"supId":0,"prevId":0,"content":"wow","text":"wow","html":"wow"}],"langContent":"EN"},{"id":9980047171,"gmtCreate":1665621609893,"gmtModify":1676537636747,"author":{"id":"3565075628273965","authorId":"3565075628273965","name":"陈河马","avatar":"https://static.tigerbbs.com/9c4a13cbf345abe505d3086b9f8da49a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3565075628273965","authorIdStr":"3565075628273965"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980047171","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104326989,"gmtCreate":1665622051940,"gmtModify":1665622055918,"authorId":3571992226593998,"author":{"id":3571992226593998,"idStr":"3571992226593998","authorId":3571992226593998,"name":"WinZ","avatar":"https://static.tigerbbs.com/650cc4793b013bfce45d446b3b745476","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.37%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980047171,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">[Smile]</span>","text":"<span class=\"s1\">[Smile]</span>","html":"<span class=\"s1\">[Smile]</span>"}],"langContent":"EN"},{"id":9980041621,"gmtCreate":1665621003264,"gmtModify":1676537636587,"author":{"id":"3564105303063302","authorId":"3564105303063302","name":"ALi_BaBa","avatar":"https://static.tigerbbs.com/d89722c800111c9c885624fce940701f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3564105303063302","authorIdStr":"3564105303063302"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980041621","repostId":2275300664,"repostType":4,"repost":{"id":"2275300664","pubTimestamp":1665612798,"share":"https://ttm.financial/m/news/2275300664?lang=&edition=fundamental","pubTime":"2022-10-13 06:13","market":"us","language":"en","title":"Fed More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2275300664","media":"MarketWatch","summary":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome","content":"<html><head></head><body><p>Fed officials worry inflation is not falling as fast as they expected</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/592343040c811c69b15304c33a477de0\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Federal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGES</span></p><p>Calling inflation &#34;unacceptably high,&#34; Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank&#39;s last meeting show.</p><p>The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .</p><p>The minutes of the Fed&#39;s meeting underscore that top officials were disappointed and worried about persistently high inflation.</p><p>&#34;A sizable portion of the economic activity has yet to display much response,&#34; the Fed minutes said. &#34;Inflation had not yet responded appreciably to a policy tightening.&#34;</p><p>While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.</p><p>&#34;Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,&#34; the minutes said.</p><p>The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.</p><p>Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.</p><p>&#34;Inflation was declining more slowly than [Fed officials] had been anticipating,&#34; the minutes said.</p><p>The internal Fed debate has also playing out publicly since the last meeting.</p><p>Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to &#34;pause&#34; rate hikes at the end of this year.</p><p>Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.</p><p>Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.</p><p>Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.</p><p>Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.</p><p>&#34;The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,&#34; she said.</p><p>Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.</p><p>Rising U.S. interest rates has done little so far to douse inflation.</p><p>The rate of inflation, using the Fed&#39;s preferred PCE price index, rose at a yearly rate of 6.2% as of August. That&#39;s a long way off from the Fed&#39;s forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.</p><p>The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.</p><p>The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.</p><p>Most consumer and business loans are influenced by the fed funds rate.</p></body></html>","source":"lsy1603348471595","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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show</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 More Worried About Risks of \"Unacceptably High\" Inflation Than Overdoing Rate Hikes, Meeting Minutes Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 06:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fed-saw-too-much-action-vs-high-inflation-as-less-risky-than-too-little-minutes-show-11665597813","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275300664","content_text":"Fed officials worry inflation is not falling as fast as they expectedFederal Reserve Chairman Jerome Powell. ANNA MONEYMAKER/GETTY IMAGESCalling inflation \"unacceptably high,\" Federal Reserve leaders saw their strategy of fighting price pressures aggressively as less risky to the economy than doing too little, minutes of the bank's last meeting show.The Fed approved another jumbo-size increase in U.S. interest rates at its Sept. 21-22 meeting. It also signaled plans for another pair of big increases before year-end in a surprise to Wall Street .The minutes of the Fed's meeting underscore that top officials were disappointed and worried about persistently high inflation.\"A sizable portion of the economic activity has yet to display much response,\" the Fed minutes said. \"Inflation had not yet responded appreciably to a policy tightening.\"While some senior Fed officials also worried the bank could go too far and damage the economy, the majority appeared to believe it was vital for the central bank to squelch inflation, even if that meant keeping rates high for a prolonged period.\"Many participants emphasized that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\" the minutes said.The Fed predicts the economy will eventually slow as rates rise, but it noted the labor market remains extremely tight.Fed officials also expressed concern that oil prices could rise again, supply chains would not heal as quickly as expected and that rising wages could exacerbate inflation.\"Inflation was declining more slowly than [Fed officials] had been anticipating,\" the minutes said.The internal Fed debate has also playing out publicly since the last meeting.Some senior officials such as Atlanta Federal Reserve President Raphael Bostic hope the bank will make enough progress in its fight against inflation to \"pause\" rate hikes at the end of this year.Fed critics contend the bank is going to go too far and could plunge the economy into a second recession in four years. A pause would allow the Fed to see how much its prior rate hikes have succeeded in lowering the rate of inflation, they say.Others such as Minneapolis Fed chief Neel Kashkari and Cleveland Fed boss Loretta Mester say the Fed needs to take whatever steps necessary to quell inflation as soon as possible.Failing to do so, they contend, would make it even harder to get prices back under control if Americans come to view high inflation as the norm.  That would do even more damage to the economy in the long run.Jennifer Lee, senior economist at BMO Capital Market, downplayed the debate and said the Fed in unified on its next few steps.\"The Federal Reserve is pretty much in sync and is not going to be easing anytime soon,\" she said.Since March the Fed has lifted a key short-term interest rate from near zero to an upper end of 3.25%. And the central bank has telegraphed plans to raise the so-called fed funds rate to as high as 4.75% by next year.Rising U.S. interest rates has done little so far to douse inflation.The rate of inflation, using the Fed's preferred PCE price index, rose at a yearly rate of 6.2% as of August. That's a long way off from the Fed's forecast for inflation to fall to 2.8% in 2023 and 2.3% by 2024.The higher cost of borrowing has only chilled a few parts of the economy, most notably housing.The  rate on a 30-year mortgage has surged above 7% to a 16-year high from less than 3% one year ago. The result has been a slowdown in home buying and construction and softer sales of home furnishings.Most consumer and business loans are influenced by the fed funds rate.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104326998,"gmtCreate":1665622121970,"gmtModify":1665622126076,"authorId":3575200115109066,"author":{"id":3575200115109066,"idStr":"3575200115109066","authorId":3575200115109066,"name":"SiniS","avatar":"https://static.tigerbbs.com/6c54fb65b275549d9e3c4b80c5117022","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980041621,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":447,"commentSize":32,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}