Fed Minutes Show Officials Rallied Around 'Higher for Longer'

FOMC officials believe interest rate policy is "well-positioned" but mentioned a willingness to tighten further if warranted.

By Craig Torres | May 22, 2024 at 05:29 PM

Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Federal Reserve officials earlier this month coalesced around a desire to hold interest rates higher for longer, and many questioned whether policy is restrictive enough to bring inflation down to their target.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

News

1 Treasury Department Flags Risks from New Cross-Border Payments Systems

2 U.S. Initial Jobless Claims Decline

3 Federal Court Shuts down Expanded Overtime Pay Rule

4 How to Hedge the Interest Rate Exposure in Cash Balance Plans

5 Trudeau Government Has Likely Blown Past Fiscal Anchor

Real Estate
GlobeSt. Healthcare Real Estate 2024
December 02, 2024 - Scottsdale

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!
More Information
Insurance
ThinkAdvisor LUMINARIES Awards 2024
December 11, 2024 - Las Vegas

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.
More Information
Insurance
Complex Claims & Litigation Forum 2025
February 24, 2025 - Las Vegas

This conference aims to help insurers and litigators better manage complex claims and litigation.
More Information

Federal Court Shuts down Expanded Overtime Pay Rule

By Michael Popke | November 21, 2024

According to a Texas judge, the U.S. Department of Labor overstepped its boundaries in raising the salary threshold.

Federal Court Shuts down Expanded Overtime Pay Rule

U.S. Initial Jobless Claims Decline

By Jarrell Dillard | November 21, 2024

Last week, unemployment applications fell to 213,000, the lowest level since April.

Trudeau Government Has Likely Blown Past Fiscal Anchor

By Erik Hertzberg | November 19, 2024

Facing pressure from economists to restrain government spending, Canada’s Finance Minister promised to hold the FY2023-24 deficit below C$40.1 billion, but the country’s parliamentary budget officer now expects to run a C$46.8 billion deficit this fiscal year.

Trudeau Government Has Likely Blown Past Fiscal Anchor

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Instant Insights /