Has the Fed Learned Any Lessons?
The central bank wants to declare victory over inflation but hasn’t explained its monetary mistakes.
Three Democrats call for Fed cut of 75 basis point rate cut ahead of pivotal meeting
Three prominent Democrats urged Federal Reserve Chair Jerome Powell Monday to cut interest rates by 75 basis points, warning ...
From 'Too Hot' To 'Time Has Come': 10 Moments Powell Shed Light On Inflation
In recent years, Federal Reserve Chair Jerome Powell mentioned inflation extensively in various speeches, testimonies, and ...
The Economist4h
The Federal Reserve’s interest-rate cuts may disappoint investors
For two and a half years, ever since America’s Federal Reserve embarked on its fastest series of interest-rate rises since ...
Democratic Senators send letter to Powell advocating for a 75-basis point rate cut
Three Democratic Senators sent a letter to Fed Chair Jerome Powell and his associated policymakers to advocate for a 75-basis ...
Federal Reserve
Federal Reserve Chair Jerome Powell speaks during a May 1 news conference at the Federal Reserve in Washington.
Wall Street could be in for a bumpy week if Fed Chair Powell doesn’t strike the right balance
"Overall inflation data has been good enough to allow the Fed to start cutting rates this week amid a softening labor market, ...
Khaleej Times5d
US consumer inflation eases more than expected in August
The headline rate of US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations t..
Wall Street falls sharply, closing its worst week in nearly 18 months
Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...
Carolina Coast Online13d
The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering
When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to ...
Fed policymakers agree on need for rate cuts, but their reasons vary
By the end of last month, when Federal Reserve Chair Jerome Powell said it was time to start lowering borrowing costs, nearly ...
BusinessWorld19d
With Fed’s shift to job market done, policy now has to catch up
Two years later, the focus has changed again – this time to protecting the job market, as outlined in Fed Chair Jerome H. Powell’s speech on Friday at the US central bank’s annual Jackson Hole ...