Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting

Bloomberg2022-04-01

Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

NP_YT
2022-04-02
NP_YT
Ok
SPOT_ON
2022-04-02
SPOT_ON
Like n follow
aibee
2022-04-02
aibee
[Salute]
PearlynCSY
2022-04-02
PearlynCSY
Dow climbs more than 100 points as Wall Street begins second quarter on a positive note. A day earlier, the Dow and S&P 500 closed down 4.6% and 4.9%, respectively for the first quarter. And the Nasdaq lost 9% in the first quarter. For the three major averages, this was worst period since the first quarter of 2020, which marked the start of the Covid pandemic in the U.S. and saw the S&P 500 tumble 20%. The start of a rate hiking cycle from the Federal Reserve, high inflation and the Ukraine crisis all contributed to the struggles for equities this quarter. Last week, the 2-year and 10-year Treasury yields inverted for the first time since 2019. Historically, it’s a signal that the economy is headed for a possible recession, though the inverted yield curve does not predict exactly w
fhho32
2022-04-02
fhho32
Yes
mwsi7128
2022-04-01
mwsi7128
Yup quarter would be good

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-04-01 22:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109802136","market":"us","top_or_hot":-1,"title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","media":"Bloomberg","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","article_id":"1109802136","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1584095487587","url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","pubTimestamp":1648822254,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"translate_title":"美联储埃文斯支持在2022年的每次会议上加息25个百分点","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9},"content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":9011554308,"gmtCreate":1648890346626,"gmtModify":1676534418776,"author":{"id":"3572043809285615","authorId":"3572043809285615","name":"NP_YT","avatar":"https://static.itradeup.com/news/fad9f70abb174e3e09e4caf3f9c0c13a","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3572043809285615","idStr":"3572043809285615"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011554308","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9011686760,"gmtCreate":1648861651400,"gmtModify":1676534412453,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3582922989777578","idStr":"3582922989777578"},"htmlText":"Like n follow&nbsp;","listText":"Like n follow&nbsp;","text":"Like n follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011686760","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9011820542,"gmtCreate":1648856425198,"gmtModify":1676534409984,"author":{"id":"3581895153736016","authorId":"3581895153736016","name":"aibee","avatar":"https://static.tigerbbs.com/c3a01aa497813f2bf89ee264cf6292ab","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581895153736016","idStr":"3581895153736016"},"htmlText":"[Salute]&nbsp;","listText":"[Salute]&nbsp;","text":"[Salute]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011820542","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9011899140,"gmtCreate":1648852002688,"gmtModify":1676534408606,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4092458811577680","idStr":"4092458811577680"},"htmlText":"Dow climbs more than 100 points as Wall Street begins second quarter on a positive note. A day earlier, the Dow and S&amp;P 500 closed down 4.6% and 4.9%, respectively for the first quarter. And the Nasdaq lost 9% in the first quarter. For the three major averages, this was worst period since the first quarter of 2020, which marked the start of the Covid pandemic in the U.S. and saw the S&amp;P 500 tumble 20%. The start of a rate hiking cycle from the Federal Reserve, high inflation and the Ukraine crisis all contributed to the struggles for equities this quarter. Last week, the 2-year and 10-year Treasury yields inverted for the first time since 2019. Historically, it’s a signal that the economy is headed for a possible recession, though the inverted yield curve does not predict exactly w","listText":"Dow climbs more than 100 points as Wall Street begins second quarter on a positive note. A day earlier, the Dow and S&amp;P 500 closed down 4.6% and 4.9%, respectively for the first quarter. And the Nasdaq lost 9% in the first quarter. For the three major averages, this was worst period since the first quarter of 2020, which marked the start of the Covid pandemic in the U.S. and saw the S&amp;P 500 tumble 20%. The start of a rate hiking cycle from the Federal Reserve, high inflation and the Ukraine crisis all contributed to the struggles for equities this quarter. Last week, the 2-year and 10-year Treasury yields inverted for the first time since 2019. Historically, it’s a signal that the economy is headed for a possible recession, though the inverted yield curve does not predict exactly w","text":"Dow climbs more than 100 points as Wall Street begins second quarter on a positive note. A day earlier, the Dow and S&P 500 closed down 4.6% and 4.9%, respectively for the first quarter. And the Nasdaq lost 9% in the first quarter. For the three major averages, this was worst period since the first quarter of 2020, which marked the start of the Covid pandemic in the U.S. and saw the S&P 500 tumble 20%. The start of a rate hiking cycle from the Federal Reserve, high inflation and the Ukraine crisis all contributed to the struggles for equities this quarter. Last week, the 2-year and 10-year Treasury yields inverted for the first time since 2019. Historically, it’s a signal that the economy is headed for a possible recession, though the inverted yield curve does not predict exactly w","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011899140","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9011123389,"gmtCreate":1648830754516,"gmtModify":1676534407279,"author":{"id":"4100143081992750","authorId":"4100143081992750","name":"fhho32","avatar":"https://community-static.tradeup.com/news/2e9d1fc00d659255c125be74d13236ea","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4100143081992750","idStr":"4100143081992750"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011123389","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9011183674,"gmtCreate":1648828003763,"gmtModify":1676534406721,"author":{"id":"3577516504779986","authorId":"3577516504779986","name":"mwsi7128","avatar":"https://static.tigerbbs.com/2de12058e4995503d289303fb0b984fc","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3577516504779986","idStr":"3577516504779986"},"htmlText":"Yup quarter would be good","listText":"Yup quarter would be good","text":"Yup quarter would be good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011183674","repostId":1109802136,"repostType":4,"repost":{"id":"1109802136","kind":"news","pubTimestamp":1648822254,"share":"https://ttm.financial/m/news/1109802136?lang=en_US&edition=fundamental","pubTime":"2022-04-01 22:10","market":"us","language":"en","title":"Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1109802136","media":"Bloomberg","summary":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and","content":"<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Evans Favors Quarter-Point Rate Hikes at Each 2022 Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-01 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DIA":"道琼斯ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-01/fed-s-evans-favors-quarter-point-rate-hikes-at-each-2022-meeting?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109802136","content_text":"Chicago Fed chief says he is line with median of policy makersFed needs to be ‘cautious, humble, and nimble,’ he saysCharles EvansPhotographer: Drew Angerer/BloombergFederal Reserve Bank of Chicago President Charles Evans said his interest-rate outlook matches the median estimate of his colleagues for six more quarter-point increases this year amid high inflation and a hot labor market.“My own baseline assessment is in line with the median projection, though given the great deal of uncertainty we face today, I am well aware that developments may transpire in a way that would cause me to alter my assessment,” Evans said in prepared remarks to the Prairie State College Foundation in Olympia Fields, Illinois.Evans, who has been mostly dovish during his leadership of the Chicago Fed over more than a decade, said he agreed with the median forecast made by Federal Open Market Committee participants in March for rates to rise to 1.9% this year and 2.8% in 2023, which he said “represents a slightly restrictive policy stance.”Fed officials raised their benchmark lending rate off zero last month with a quarter-point increase. Since then, several policy makers, including Richmond Fed’s Thomas Barkin on Wednesday, have said they are open to hiking by a more aggressive half point at their May meeting. Chair Jerome Powell has said he would favor a bigger move if necessary to bring price pressures under control.Evans said he expected the U.S. economy to have solid growth, with the unemployment rate falling to around 3.5%. Ukraine war and the continuing Covid-19 pandemic pose upside risks for inflation and downside risks to growth, he said. Evans also stressed the need to make decisions on a meeting-by-meeting basis.“Given all the uncertainty we face today, policy makers need to be cautious, humble, and nimble as we navigate the course ahead,” he said. “Monetary policy is not on a preset course: Each FOMC meeting’s decision will be based on an assessment of economic and financial conditions at the time, as well as the risks to the outlook,” he said, referring to the rate-setting Federal Open Market Committee.In remarks prepared prior to the release of Friday’s employment report, Evans described the labor market as “downright tight” by many measures, with employers unable to find workers for jobs. Inflation, which initially rose in a few sectors related to Covid-19 disruptions, has since broadened, he said.“If monetary policy did not respond to these broader inflation pressures, we would see the expectation of continued high inflation become embedded in economic decisions, and we would have even harder work to do to rein it in,” he said. “So monetary policy must shift to removing accommodation in a timely fashion, which is what you’ve seen in the latest actions by and communications from the FOMC.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"DIA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":98,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109802136","isCrawlerRequest":true}