U.S. Economy and Federal Reserve Reporting by Colby Smith
Fed likely to pause rate changes, Smith notes
The Federal Reserve is expected to hold interest rates steady at its meeting on Wednesday. Colby Smith highlighted that the main question for Warsh is why the Fed should wait, given his ...
Colby Smith: Warsh signals no urgency for Fed rate hike in October
Warsh showed little sense of urgency regarding the need to raise interest rates in October during remarks in Bangkok, which reinforced expectations that the Federal Reserve will keep rates ...
Supercore inflation increased for the second straight month, Colby Smith notes
Supercore inflation, which measures core services excluding housing, rose 0.4% in September on a monthly basis. Colby Smith reported that this was the second consecutive month of elevated figures. ...
Colby Smith: September rate hike driven by risk management and economic conditions
Colby Smith reports that Federal Reserve officials pointed to multiple factors supporting the decision to raise interest rates in September. According to minutes from the meeting, some officials ...
A.I. shows resilience against Fed rate hikes, Colby Smith notes
Colby Smith highlights that the Federal Reserve is confronting a major challenge in its ongoing efforts to control elevated inflation. While the central bank has increased borrowing costs to ...
Colby Smith: Dallas Fed’s Lorie Logan links long-term yield rise to growth outlook
Colby Smith reports that Lorie Logan of the Dallas Federal Reserve attributes recent increases in long-term yields to brighter growth expectations, evolving views on the neutral rate, and higher ...
No urgent need for policy move after September rate hike, Colby Smith notes
Colby Smith reports that John Williams of the New York Fed believes there is no immediate need for urgency following September's rate hike. Williams stated that policymakers have time to gather ...
Colby Smith: Jobs report supports Fed focus on inflation as data awaited
Colby Smith highlights that the latest jobs report will help reinforce the Federal Reserve's view that tackling elevated inflation should remain its main priority. Smith also notes that inflation ...
September rate hike unlikely to lower CPI to 2 percent, Colby Smith notes
Colby Smith reports that Federal Reserve Governor Christopher Waller described the upcoming September rate decision as a matter of risk management during a recent Q&A session. Waller emphasized ...
Colby Smith: Warsh faces no-win scenario on Fed rate decisions
Colby Smith reports that Warsh, following a strong stance on inflation at Jackson Hole, is now seen as confronting a no-win situation regarding interest rates. According to Smith, Warsh used his ...
Fed would act to control inflation if needed, Colby Smith notes
Colby Smith reports that Warsh is receiving positive feedback for clearly expressing his economic views and for signaling that the Federal Reserve would intervene if necessary to curb inflation. ...
Colby Smith: Rising borrowing costs reshape world economy and financial system
Colby Smith highlights a significant shift in global financial conditions, noting that after roughly two decades of ultralow interest rates, borrowing costs are now on the rise. This change is ...
Fed minutes suggest tightening needed if inflation persists, Colby Smith assesses
Colby Smith highlights details from the July Federal Reserve minutes, noting that many participants viewed additional policy tightening as likely if inflation does not decline. The minutes ...
Colby Smith: Modest core inflation rise eases pressure on Fed rate decision
Colby Smith highlights that the recent 0.2 percent monthly increase in core inflation may give the Federal Reserve more flexibility as it considers whether to raise interest rates in September. ...
Precise language is essential for central bankers to avoid market turmoil, Colby Smith notes
Colby Smith discusses the importance of precise communication by central bankers. According to Smith, even slight ambiguities in their statements can lead to significant impacts on financial ...
Colby Smith: Fed holds rates steady as officials split on inflation response
Colby Smith reports that during Warsh's second meeting as chairman, the Federal Reserve opted to keep interest rates unchanged. However, there is a clear division among policymakers on how to ...
Federal Reserve meeting launches amid uncertainty, Colby Smith notes
Colby Smith reports that the Federal Reserve's July meeting has officially begun. The decision facing policymakers is described as surprisingly uncertain, with a preview available for readers ...
Colby Smith: Fed official urges clarity on inflation targets
Colby Smith reports that Federal Reserve Governor Waller defended the central bank's inflation target but objected to using a range instead of a precise number. Smith highlights Waller's view ...
Fed policymakers remain divided over future rate moves, Colby Smith notes
Colby Smith reports that several Federal Reserve officials saw justification for a rate hike at Warsh's first meeting, according to minutes from the June gathering. Officials remain evenly ...
Colby Smith: AI boom showing strongest impact in U.S., central bank faces inflation question
Colby Smith highlights commentary on the artificial intelligence boom, noting that its most pronounced effects are currently visible in the United States. Smith shares that rapid increases in ...
Warsh focused on Greenspan legacy during Fed swearing-in, Colby Smith notes
Colby Smith reports that Warsh singled out Greenspan during his swearing-in ceremony for the top position at the central bank in May. The piece examines how Warsh is striving to carry forward ...
