Joseph Stiglitz, Fed
Fed Rate Cuts Coming: The Impact On Stocks And Bonds
This time may differ despite the Fed's poor track record of avoiding recessions with rate cuts. Stocks are usually higher, and bond yields are lower after lowering rates.
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Federal Reserve's aggressive campaign to curb inflation may have fueled the problem instead, Joseph Stiglitz told CNBC. The Nobel-prize-winning economist called on the central bank to cut interest rates by 50 basis points at its approaching policy meeting.
Chicago Fed’s Goolsbee says jobs and inflation trends justify multiple interest-rate cuts — and soon
The longer-run trends in labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday in an exclusive interview with MarketWatch.
Atlanta Fed’s Bostic: The central bank can’t wait for inflation to get to 2% to cut rates
In an essay published today, Atlanta Fed president Raphael Bostic said he believes the central bank cannot wait until inflation hits 2% to begin cutting interest rates and that while the job market has weakened it’s not “weak.
Nobel winner Joseph Stiglitz says Fed raised rates ‘too far, too fast' — and now needs to cut big
Nobel Prize-winning economist Joseph Stiglitz believes the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting
Nobel-prize winning economist Joseph Stiglitz says Fed should deliver big rate cut no matter what jobs data show
Stiglitz said it had been a mistake for the central bank to keep rates so low for so long following the 2008 financial crisis. Now, it is crucially important for the Fed to shift borrowing costs back toward a more normal level.
Nobel laureate Joseph Stiglitz says a bigger Fed rate cut would help on inflation and jobs
Joseph Stiglitz, who received the Nobel Memorial Prize in Economic Sciences in 2001, discusses the U.S. Federal Reserve’s upcoming policy-setting meeting and says a half-point interest rate reduction should be on the table.
Traders Keep Half an Eye on CPI With Jobs Fear the New Inflation
For two years since the Federal Reserve started its aggressive fight against inflation, equity traders have been glued to ...
Inflation back in focus, Apple's iPhone event: What to know this week
In corporate news, Apple's annual iPhone event kicks off the week on Monday. Earnings results from Oracle ( ORCL ), Adobe ( ...
Insurancenewsnet.com2h
FED WELCOMES 'SOFT LANDING' The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering
WASHINGTON- When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for ...
Fed's Research Suggests Housing Inflation Could Fall in 2025
A paper released by the San Francisco Federal Reserve Bank says a trend of shrinking 'shelter inflation' will pick up next ...
Inflation measure closely watched by the Fed rises 2.5% in July
The Commerce Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at ...
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing inflation and ...
Fed’s preferred inflation gauge ticked up in July as likely interest cut looms
The “core” PCE — which excludes food and energy prices due to their volatility — rose 2.6%, which was lower than the 2.7% ...
Reuters4d
US housing inflation likely to fall in year ahead, Fed paper says
That decline will likely add to downward pressure on inflation, the researchers said in the regional Fed bank's latest ...
Inflation Shock: 87% of Americans Fed Up as Prices Soar and Portions Shrink
About inflation, the phenomenon termed the 'Big Shrink' encapsulates the dual challenge of shrinking product sizes and rising ...