trending Market Intelligence /marketintelligence/en/news-insights/trending/z7qtoh3CYdk8BLFrAqVFhA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fed's Bostic: Interest rates could still move in either direction in 2019

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Fed's Bostic: Interest rates could still move in either direction in 2019

The Federal Reserve could still raise or cut interest rates in 2019 depending on the state of the U.S. economy, despite recent signals from the central bank that the next rate hike may not come until 2020, Federal Reserve Bank of Atlanta President Raphael Bostic said March 22.

The Fed on March 20 kept its benchmark interest rate unchanged, with Chairman Jerome Powell saying the central bank will continue to watch economic data "carefully and patiently" for signals that may require a change in monetary policy. Most Fed officials support keeping rates at their current level for the remainder of 2019, according to the latest projections.

But Bostic warned against mistaking the central bank's patience as a definitive signal that interest rates would no longer be raised for the rest of 2019, saying he does not view such patience as constraining the rate-setting Federal Open Market Committee's options.

"We may move up; we may move down," Bostic said at the Federal Reserve Bank of San Francisco's macroeconomics and monetary policy conference. "I am open to all possibilities as we aim to support sustained economic expansion, strong labor market conditions, and inflation near the [FOMC's] symmetric 2% objective."

Bostic, who does not vote on the FOMC in 2019 after voting for the Fed's four rate hikes in 2018, said March 1 that he still saw one rate hike this year, as well as a pickup in inflation, which is below the central bank's target.

His remarks came as yields on 10-year Treasurys dipped below yields on three-month Treasury bills, reigniting worries that the end of the U.S. economic expansion may be looming.