Dallas Fed President Logan said that, given the current economic outlook, the Fed still needs at least two more rate hikes totaling 50 basis points, followed by a pause to assess economic and financial conditions.
Dallas Fed President Logan said the Fed needs at least more rate hikes, each by 25 basis points; this week's meeting voted 10 to 2 to keep rates unchanged.
San Francisco Fed President Daly said that AI will affect the long-term economic outlook and is closely related to the Federal Reserve's formulation of monetary policy in the medium and short term. She said the Fed needs to assess the impact of technological advances on growth, productivity, and the labor market.
Real U.S. third-quarter GDP annualized quarter-on-quarter growth 3.4%,September PCE The price index rose year on year 3.6%. The report said market pricing showed a December rate hike 25-basis-point probability of approximately 80%。
ECB's Ziegman said the energy shock has heightened inflation risks,EUR and the zone has entered an adverse scenario, with a rate hike potentially being decided at the next meeting.
The Federal Reserve voted 10 to 2 to maintain the federal funds rate at 3.75% to 4%, while officials advocated a rate hike of 25 basis points. The report also states that AI investment financing, energy inflation, and pressure in European bond markets increase uncertainty around subsequent policy.
BlockBeats reports that WASH said at the press conference following the October FOMC meeting that the Federal Reserve plans to adjust its meeting schedule beginning next autumn, with some meetings dedicated specifically to discussing policy strategy without a rate vote.
The Federal Reserve FOMC will keep the federal funds target range at 3.75%–4.00%, with the decision passing by 10 votes in favor and 2 votes against. Two officials advocated a rate hike of 25 basis points.
Federal Reserve Chair Walsh stated that credit conditions have tightened but that he is unwilling to conclude financial conditions are tight; he is not surprised by financial-market volatility and said inflation is too high.
BlockBeats reviewed market focus points less than October FOMC minutes before the Federal Reserve’s 20 decision was announced, including whether rate hikes would be paused, the voting result, and the wording of the statement and press conference.
The World Bank forecasts that, affected by the Middle East war, transportation disruptions, and safe-haven demand, 2026 global commodity prices will rise by 23%next year, then decline 7%. The bank also forecasts that 2026 global oil supply will decline by 5.2%。
The Bank of Canada raised its policy rate by 25 basis points to 2.50%, marking the first rate hike in more than 3 years. Governor Macklem said further policy tightening may still be needed in the future to curb inflation.