Catarina Saraiva
Catarina Saraiva is a reporter for Bloomberg News covering the Federal Reserve and the labor market. She joined Bloomberg in 2019 after working as an intern at The Wall Street Journal. She has also written for CNNMoney, CNBC and Reuters. She graduated from Columbia University with a degree in economics and journalism. She covers the Fed's monetary policy decisions, press conferences and speeches, as well as the economic impact of its actions on households, businesses and markets. She also writes about labor market trends, wage growth and inflation. Her work has been cited by prominent economists, policymakers and analysts. She is based in Washington D.C., but frequently travels to other cities for interviews and events.
68%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
100%
Examples:
- Fed officials raised concerns over cutting rates too quickly
- Fed officials wanted to see more before starting to ease policy, while saying that rate hikes are likely over.
- The discussion came as policymakers not only decided to leave their key overnight borrowing rate unchanged but also altered the post-meeting statement to indicate that no cuts would be coming until the rate-setting Federal Open Market Committee held 'greater confidence' that inflation was receding.
Conflicts of Interest
50%
Examples:
Contradictions
85%
Examples:
- Fed could cut as inflation cools and real rates rise, Goolsbeer says
- Goolsbee Says Investors Got Ahead of Fed on Rate-Cut Bets
- Minutes from the Federal Reserve's latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy.
Deceptions
50%
Examples:
- Fed could cut as inflation cools and real rates rise, Goolsbeer says
- Goolsbee Says Investors Got Ahead of Fed on Rate-Cut Bets
- Minutes from the Federal Reserve's latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy.
Recent Articles
Federal Reserve Cautious About Cutting Interest Rates Too Quickly
Broke On: Wednesday, 21 February 2024The Federal Reserve is considering cutting interest rates, but officials are cautious about doing so too quickly. The minutes of the January meeting show that most participants noted the risks of moving too quickly to ease monetary policy and emphasized the importance of carefully assessing incoming data in judging whether inflation is moving down sustainably to 2%. Officials also expressed optimism that their policy moves have succeeded in lowering inflation, but they are still concerned about keeping borrowing costs high for the foreseeable future. The Fed has already implemented 11 interest rate hikes and expects more cuts may come later this year.