Catarina Saraiva

2 weeks ago | news.bloomberglaw.com | Catarina Saraiva

Federal Reserve Bank of St. Louis President Alberto Musalem said tariffs will likely weigh on the US economy and weaken the labor market. “Even after the de-escalation of May 12, they seem likely to have a significant impact on the near-term economic outlook,” Musalem said in prepared remarks for an event in Minneapolis on Tuesday. Earlier this month, the US and China announced they would significantly lower tariffs on one another for 90 days while officials work to negotiate a trade agreement.

2 weeks ago | bloomberg.com | Catarina Saraiva

(Bloomberg) -- Federal Reserve Bank of St. Louis President Alberto Musalem said tariffs will likely weigh on the US economy and weaken the labor market. “Even after the de-escalation of May 12, they seem likely to have a significant impact on the near-term economic outlook,” Musalem said in prepared remarks for an event in Minneapolis on Tuesday.

2 weeks ago | news.bloomberglaw.com | Catarina Saraiva |Alexandra Harris

Federal Reserve Bank of Dallas President Lorie Logan said the US central bank should consider strengthening the mechanisms by which it keeps money-market interest rates from spiking during times of market stress. Logan, speaking Monday in prepared remarks for the Atlanta Fed’s 2025 Financial Markets Conference in Fernandina Beach, Florida, repeated calls she’s made previously for encouraging more banks to utilize the discount window and for centrally clearing Standing Repo Facility operations.

2 weeks ago | bloomberg.com | Catarina Saraiva |Michael McKee

El presidente del Banco de la Reserva Federal de Atlanta, Raphael Bostic, reiteró que espera un recorte de tasas por parte del banco central este año, en medio de la incertidumbre generada por los aranceles. Sin embargo, añadió que una resolución más rápida de lo previsto en las negociaciones comerciales de la administración Trump podría llevar a la Fed a actuar antes.

2 weeks ago | bloomberg.com | Catarina Saraiva |Michael McKee

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during an interview in Atlanta, Georgia, US, on Friday, Nov. 3, 2023. Bostic said policymakers have time to watch how the economy is evolving and be patient when it comes to interest-rate moves. (Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic repeated that he sees the central bank delivering one interest-rate cut this year amid tariff-induced uncertainty.