* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, May 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

    MSQ Sport + Entertainment appoints Steph Lund as North America CEO – Campaign US

    Steph Lund Takes the Helm as CEO of MSQ Sport + Entertainment in North America!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Radar Technology Offers Contactless Vital Sign Monitoring for Rural Healthcare – AZoSensors

    Revolutionizing Rural Healthcare: How Radar Technology Enables Contactless Vital Sign Monitoring

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

    MSQ Sport + Entertainment appoints Steph Lund as North America CEO – Campaign US

    Steph Lund Takes the Helm as CEO of MSQ Sport + Entertainment in North America!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Radar Technology Offers Contactless Vital Sign Monitoring for Rural Healthcare – AZoSensors

    Revolutionizing Rural Healthcare: How Radar Technology Enables Contactless Vital Sign Monitoring

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Minutes from Fed’s May meeting to show members leaning hawkish: BofA

May 18, 2024
in Business
Minutes from Fed’s May meeting to show members leaning hawkish: BofA
Share on FacebookShare on Twitter

Investing.com — The hawkish tone is likely to be the big takeaway from the minutes of the Federal Reserve’s meeting due next week, with debate among members around whether the current level of interest rates likely to be a hot topic.      

“The minutes from the May FOMC meeting should sound more hawkish on the margin than Chair Powell’s press conference,” BofA said in a Friday note. 

At the May Federal Open Market Committee meeting, Fed members voted to keep rates unchanged and Powell, at the press conference that follow the decision, suggested that the next move is unlikely to be a rate hike.  

“I think it’s unlikely that the next policy rate move will be a hike. I’d say it’s unlikely,” Powell said at the FOMC press conference on May 1.

In the wake of concerns that disinflation could be stalling however, others on the committee were “more concerned about whether policy was doing enough,” BofA added. “Hence, the tone of the minutes may come off slightly more hawkish.”

But recent data — including the April consumer inflation data showing a more rapid slowing in price pressures than expected and April retail sales that came in softer than expected — indicate that the “bar for hikes is high, though cuts are still a way off.”

About 50% of traders expect the Fed to cut rates in September, according to Investing.com’s 

While signs of slowing inflation were welcomed, services inflation is still running too hot, but that not only points to signs of “robust” demand, BofA says, but knocks back some concerns that stagflation could be resurfacing.”

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure

here

or
remove ads
.

“We reject it [the stagflation narrative],” BofA added, we see signs that services inflation is being driven by robust demand.”

In the weeks that followed the Apr.30 – May 1 meeting, Fed members have been adamant that rates will have to remain higher for longer to ensure inflation is on sustainable path toward slowing to the 2% target, while others haven’t a ruled out a possible hike. 

Fed Gov. Bowman said on Friday that she would be willing to back a hike if disinflation stalls, or reverses, added that she was monitoring data to evaluate whether policy was sufficiently restrictive. 

“While the current stance of monetary policy appears to be at a restrictive level, I remain willing to raise the target range for the federal funds rate at a future meeting should the incoming data indicate that progress on inflation has stalled or reversed,” Bowman said.

Others, however, while less vocal about the potential for hike, echoed the current wait and see approach from the Fed to gauge whether slowing inflation in the April report would continue in the months ahead.  

While acknowledging that the Fed isn’t yet there on its goal to bring inflation down to 2%, Atlantic Fed President Raphael Bostic said Thursday that his current outlook is for an ongoing fall in inflation, which would make appropriate to cut rates later in the year, but cautioned that nothing is locked in.

“I now believe that it will take longer to reach our 2% goal than I previously thought,” St. Louis Federal Reserve president said Thursday, adding that further monitoring of incoming data will be needed. 

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure

here

or
remove ads
.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/minutes-from-feds-may-meeting-to-show-members-leaning-hawkish-bofa-3446638

Tags: businessFed’sMinutes
Previous Post

Fed Chair Powell tests positive for COVID-19, working from home

Next Post

Bond buying on bets for Fed cutting cycle ‘misplaced,’ MRB Partners says

Winner–loser plant trait replacements in human-modified tropical forests – Nature

May 8, 2025
WTMS Science & Social Studies wins State Championship at Academic Super Bowl Competition – Valpo.Life

WTMS Science & Social Studies Team Clinches State Championship at Academic Super Bowl!

May 8, 2025
Europe turns its back on the wolf and on science – WWF EU

Europe’s Struggle: Balancing Conservation and Controversy Over Wolves

May 8, 2025
Creative and Thoughtful Gifts for Mom – WCPO 9 Cincinnati

Heartfelt and Unique Gift Ideas to Delight Mom

May 8, 2025
Geophysicists pinpoint location of Yellowstone magma reservoir – Physics World

Geophysicists Uncover the Hidden Secrets of Yellowstone’s Magma Reservoir!

May 8, 2025
Economy: China Extends A Hand To The U.S…. But At What Cost? – Cointribune

China Reaches Out to the U.S.: What Are the Hidden Costs

May 8, 2025
Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

May 8, 2025
Sonde Health and Saaya Health Forge Strategic Partnership to Improve Workforce Performance and Wellness for Blue-Collar Enterprises – Business Wire

Transforming Blue-Collar Workplaces: Sonde Health and Saaya Health Join Forces to Boost Performance and Wellness

May 8, 2025
Friedrich Merz calls for US to ‘stay out’ of German politics – The Guardian

Friedrich Merz Urges the US to Keep Its Distance from German Politics

May 8, 2025
Update On How Centers Of Platform Gravity Are Shaping The Cybersecurity Technology Market – Seeking Alpha

How Centers of Platform Gravity Are Transforming the Cybersecurity Technology Landscape

May 8, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (592)
  • Economy (603)
  • Entertainment (21,516)
  • General (15,209)
  • Health (9,646)
  • Lifestyle (608)
  • News (22,149)
  • People (606)
  • Politics (610)
  • Science (15,825)
  • Sports (21,113)
  • Technology (15,593)
  • World (593)

Recent News

Winner–loser plant trait replacements in human-modified tropical forests – Nature

May 8, 2025
WTMS Science & Social Studies wins State Championship at Academic Super Bowl Competition – Valpo.Life

WTMS Science & Social Studies Team Clinches State Championship at Academic Super Bowl!

May 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version