Federal Reserve - Page 9

There was good news for Jerome Powell in the National Association of Business Economist survey released Monday: the Fed’s policy has become a lot more popular.

Next week Jerome Powell will find himself facing down financial markets at the feet of the Teton Mountains in Jackson Hole, Wyoming, each standing in the summer heat daring the other to blink first.

Fed officials are talking as if they are determined to bring down inflation even if it means a recession. Investors are not yet convinced.

The market continues to show skepticism about the Fed’s commitment to keep raising rates to fight inflation.

The Federal Reserve allegedly withheld key documents that could have severely impacted a Federal Reserve nominee ahead of a potential confirmation vote, leading many to call for increased transparency and reform for the nation’s central bank.

On Wednesday’s broadcast of Bloomberg’s “The Open,” White House National Economic Council Director Brian Deese responded to concerns by the Federal Reserve about growing wages putting pressure on inflation and Fed officials saying that unemployment needs to rise by stating

The Department of Labor released an unexpectedly strong jobs report, shifting economists expectation about the the Fed’s next rate hike.

The mortgage debt rose 1.9 percent this past quarter as the housing market continues to soar coming out of the pandemic.

Retail and construction openings crashed in June as the Fed raised interest rates at the fastest pace in decades.

Former Treasury Secretary Lawrence Summers said Friday on MSNBC’s “Andrea Mitchell Reports” the Federal Reserve’s confidence that interest rate hikes will avoid a recession and give the U.S. economy a soft landing is “tooth fairy kind of stuff.”

Candidate Joe Biden promised to get the United States out of the recession caused by the coronavirus and the subsequent economic shutdowns when he ran for president in 2020.

Federal Reserve Chairman Jerome Powell said Wednesday that he does not believe the U.S. is currently in a recession, citing the fact that job vacancies are still above 11 million, unemployment is near record lows, and hiring has been brisk.

Senator Elizabeth Warren (D-MA) said Sunday on CNBC’s “Squawk Box” that the Federal Reserve should not raise interest rates so aggressively because it could cause a recession.

The Fed pushed rates higher again in an effort to tame four-decade high inflation.

During an interview on MSNBC on Tuesday, Council of Economic Advisers Chair Cecilia Rouse stated that the Federal Reserve’s monetary policy “is starting to slow down the economy” and that it has “been in that gentle way that we would hope.”

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Senate Homeland Security Committee Ranking Member Sen. Rob Portman (R-OH) discussed a report from the committee’s minority staff finding that “For over a decade, China has engaged in a sustained malign influence

There’s no doubt that the Federal Reserve is going to raise its interest rate target at the end of tomorrow’s meeting of the Federal Open Market Committee. What we do not know is how much they will raise.

Sales of new homes in the U.S. plunged 8.1 percent to a seasonally-adjusted annual rate of 590,000 in June, a far slower pace than expected by economists.

On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Senate Committee on Banking, Housing, and Urban Affairs Chairman Sen. Sherrod Brown (D-OH) responded to a question on what Congress can do to ensure the Federal Reserve doesn’t repeat the mistakes it

China’s state-run Global Times on Tuesday denounced the strong U.S. dollar as a “crisis” for the rest of the world because it increases the “financial risks facing emerging markets” and allegedly makes it harder for other nations to implement anti-inflationary policies.

During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that the Federal Reserve “lost

The hotter-than-expected inflation report has increased expectations for a super-sized Fed hike at the end of this month.

On Friday’s broadcast of CNBC’s “Closing Bell,” Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff argued that achieving a “soft landing” where inflation comes down without a recession will be “very, very difficult”

On Friday’s broadcast of CNBC’s “Closing Bell,” Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff said that while he thinks the Federal Reserve will ultimately “blink” and not back up its tough talk

What if we held a recession and no one lost their job?

Longer-term Treasury yields fell last week on recession feaers, dragging down mortgage rates.

The facts are changing again. Can the Federal Reserve’s monetary policy keep up?

U.S. central bankers hiked their plans to raise interest rates quickly in June when CPI inflation and consumer expectations for price increases both came in higher than expected.

A reliable recession indicator was flashing red alert on Tuesday as 10-year yields fell below two-year.

Federal Reserve Chairman Jerome Powell stated on Wednesday he realized how little he understands about soaring inflation.

During an interview with the Fox Business Network on Friday, San Francisco Federal Reserve President Mary Daly stated that she sees inflation coming down to around 2.5% by the end of 2023, and that around half of the high inflation

Powell says the war in Ukraine is not the primary cause of inflation, which started long before Russia’s invastion.

Powell signaled that the Fed is willing to risk a recession in order to tame inflation.

Jack Posobiec, senior editor at Human Events, told Breitbart News on Tuesday that entertainment companies like Disney are willing to lose money on projects like Lightyear in order to advance leftist politics in American culture and beyond.

South Korean stock market shares dropped by slightly over two percent on Monday to reach a one-year low, Yonhap News Agency reported, noting the development came amid increased concern among Asian investors that a global economic recession may be on the horizon.

Appearing Thursday on CNBC, former Federal Reserve governor Robert Heller warned that inflation will continue to rise in the United States.