Fed’s Bostic Open on Size of Rate Hike at Next Meeting
Saturday, January 7, 2023
© Bloomberg. Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 26, 2022. Federal Reserve officials stressed the need to keep raising interest rates even as they reserved judgment on how big they should go at their meeting next month. (Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank still needs to keep raising interest rates despite cooler-than-expected wage data and indicated he’s open to a second straight half-point increase.
“Today, I’d be comfortable with either a 50 or a 25, and if I start to hear signs that the labor market is starting to ease a bit in terms of its tightness, then I might lean more in the 25 basis-point position,” Bostic said Friday during an interview with CNBC. His peak rate projection of 5% to 5.25% is “the range I think we need to move to if the economy proceeds as I expect which is continual gradual slowdown.”
Bostic is not a voter on the Fed’s rate-setting panel this year.
Fed officials raised interest rates by a half-point in December, extending their aggressive tightening campaign and bringing the target on their benchmark rate to a range of 4.25% to 4.5%. The move followed four larger hikes of 75 basis points. Policymakers say their next rate move will be determined by economic data, including inflation and employment reports. Officials will meet next on Jan. 31 and Feb. 1.
Labor Department data released Friday showed that the US economy added 223,000 jobs in December and the unemployment rate dropped to 3.5%. At the same time, wage growth slowed, which supports the odds for a soft landing, where the Fed manages to cool inflation while minimizing pain in the labor market.
US average hourly earnings rose 0.3% in December from a month earlier and 4.6% from December 2021 — both less than expected — after a downward revision to November.
©2023 Bloomberg L.P.
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04-10-2023 08:05:35 (UTC+7)
EUR/USD
1.0469
+0.0004 (+0.04%)
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EUR/USD
1.0469
+0.0004 (+0.04%)
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GBP/USD
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USD/JPY
149.21
+0.18 (+0.12%)
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AUD/USD
0.6304
+0.0003 (+0.05%)
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USD/CAD
1.3707
-0.0001 (-0.01%)
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EUR/JPY
156.21
+0.24 (+0.15%)
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EUR/CHF
0.9646
+0.0006 (+0.06%)
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Gold Futures
1,838.85
-2.65 (-0.14%)
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Silver Futures
21.345
-0.032 (-0.15%)
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Copper Futures
3.6095
-0.0075 (-0.21%)
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Crude Oil WTI Futures
89.43
+0.20 (+0.22%)
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Brent Oil Futures
91.08
+0.03 (+0.03%)
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Sell (12)
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Natural Gas Futures
2.947
+0.005 (+0.17%)
Summary
↑ BuyMoving Avg:
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Sell (0)
Indicators:
Buy (8)
Sell (0)
US Coffee C Futures
148.80
-0.30 (-0.20%)
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↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (1)
Euro Stoxx 50
4,095.45
-42.18 (-1.02%)
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NeutralMoving Avg:
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Sell (5)
Indicators:
Buy (1)
Sell (5)
S&P 500
4,229.45
-58.94 (-1.37%)
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Sell (0)
Indicators:
Buy (9)
Sell (1)
DAX
15,085.21
-162.00 (-1.06%)
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Sell (10)
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FTSE 100
7,470.16
-40.56 (-0.54%)
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Hang Seng
17,276.00
-533.66 (-3.00%)
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Buy (4)
Sell (2)
US Small Cap 2000
1,724.80
-32.02 (-1.82%)
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Indicators:
Buy (3)
Sell (5)
IBEX 35
9,165.50
-153.50 (-1.65%)
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Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (8)
BASF SE NA O.N.
41.760
-0.130 (-0.31%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Bayer AG NA
43.88
-0.99 (-2.20%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (6)
Sell (3)
Allianz SE VNA O.N.
220.95
-1.75 (-0.79%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (0)
Adidas AG
160.72
-3.88 (-2.36%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (4)
Sell (2)
Deutsche Lufthansa AG
7.247
-0.213 (-2.86%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (6)
Sell (2)
Siemens AG Class N
133.10
-1.34 (-1.00%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (4)
Sell (3)
Deutsche Bank AG
9.931
-0.185 (-1.83%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
| EUR/USD | 1.0469 | Sell | |||
| GBP/USD | 1.2076 | ↑ Sell | |||
| USD/JPY | 149.21 | Buy | |||
| AUD/USD | 0.6304 | ↑ Sell | |||
| USD/CAD | 1.3707 | ↑ Buy | |||
| EUR/JPY | 156.21 | ↑ Sell | |||
| EUR/CHF | 0.9646 | Neutral |
| Gold | 1,838.85 | ↑ Sell | |||
| Silver | 21.345 | ↑ Sell | |||
| Copper | 3.6095 | ↑ Sell | |||
| Crude Oil WTI | 89.43 | ↑ Sell | |||
| Brent Oil | 91.08 | ↑ Sell | |||
| Natural Gas | 2.947 | ↑ Buy | |||
| US Coffee C | 148.80 | ↑ Buy |
| Euro Stoxx 50 | 4,095.45 | Neutral | |||
| S&P 500 | 4,229.45 | ↑ Buy | |||
| DAX | 15,085.21 | ↑ Sell | |||
| FTSE 100 | 7,470.16 | ↑ Sell | |||
| Hang Seng | 17,276.00 | ↑ Buy | |||
| Small Cap 2000 | 1,724.80 | Neutral | |||
| IBEX 35 | 9,165.50 | ↑ Sell |
| BASF | 41.760 | ↑ Buy | |||
| Bayer | 43.88 | Buy | |||
| Allianz | 220.95 | ↑ Buy | |||
| Adidas | 160.72 | ↑ Buy | |||
| Lufthansa | 7.247 | Buy | |||
| Siemens AG | 133.10 | Neutral | |||
| Deutsche Bank AG | 9.931 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,840/ 6,890 (0/ 0) # 1,498 |
| SJC HCM | 6,820/ 6,890 (0/ 0) # 1,497 |
| SJC Hanoi | 6,820/ 6,892 (0/ 0) # 1,499 |
| SJC Danang | 6,820/ 6,892 (0/ 0) # 1,499 |
| SJC Nhatrang | 6,820/ 6,892 (0/ 0) # 1,499 |
| SJC Cantho | 6,820/ 6,892 (0/ 0) # 1,499 |
| Cập nhật 04-10-2023 08:05:37 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,823.34 | -2.39 | -0.13% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 25.370 | 25.870 |
| RON 95-III | 24.840 | 25.330 |
| E5 RON 92-II | 23.500 | 23.970 |
| DO 0.05S | 23.590 | 24.060 |
| DO 0,001S-V | 24.450 | 24.930 |
| Dầu hỏa 2-K | 23.810 | 24.280 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $88.36 | +6.35 | 0.08% |
| Brent | $90.60 | +4.94 | 0.06% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 24.190,00 | 24.560,00 |
| EUR | 24.886,09 | 26.252,33 |
| GBP | 28.709,78 | 29.932,07 |
| JPY | 158,96 | 168,27 |
| KRW | 15,53 | 18,92 |
| Cập nhật lúc 08:00:40 04/10/2023 Xem bảng tỷ giá hối đoái | ||
