A HIKING CYCLE BEGINS: In a unanimous vote, the Fed raised interest rates by a quarter of a percent, expecting GDP to rise next year and Fed funds to rise to 4.1% this year -- higher than the 3.8% projected in June.
"The plain fact is that inflation is too high and has been for too long," Warsh says at the FOMC press conference.
Watching the long end of the curve catch a bid. A unified Fed is able to capture more confidence in inflation fighting credibility, though there are certainly more uncertainties ahead.
Breaking news: The Federal Reserve has raised interest rates by a quarter point to a range of 3.75% to 4%, as widely expected by economists.
Follow live updates: https://t.co/0tLqMqEz5m
Mark your calendars! On Wednesday, April 29 at 11:00 a.m., we will publish our review of Barbados' economic performance the first quarter of 2026. Be sure to watch the livestream here on Facebook or on our YouTube channel.
In just two weeks, Governor Greenidge will present our first quarterly economic review of 2026. Join the livestream on our Facebook page or YouTube channel on Wednesday, January 28 at 11:00 a.m. to watch our review of the Barbados economy in 2025 and the outlook for 2026.
The ECB and other European and international central banks stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell.
The independence of central banks is in the interest of the people we serve.
The ECB and other European and international central banks stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell.
The independence of central banks is in the interest of the people we serve.
In two weeks, we'll publish our review of Barbados' economy in the first six monthsof 2025. During the press conference, Governor Greenidge will take questions from the live online audience. You can pose yours in advance at https://t.co/mtR1qOD9dQ
Great contribution in the Nation paper from Trevor Shepherd on the colonial vs African division in Barbados. We are all born and bred in Barbados. No matter our heritage, we are not English or African, our identity is uniquely Bajan which is ok. We are the best of both worlds.
The Monetary Policy Committee voted by a majority of 5-4 to cut interest rates to 4.25%.
Find out more in our #MonetaryPolicyReport https://t.co/F16kEWSzz5
Wall Street lenders are postponing leveraged-finance deals as investors shy away from risky transactions while global markets convulse in the wake of US President Donald Trump’s sweeping tariffs.
https://t.co/VRCSEq5ohP