Powell's testimony to US Congress last week emphasized that the central bank is not rushing to lower interest rates.
Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering ...
Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...
Digital asset investment products notched major outflows, bleeding $415 million last week amid investors’ renewed focus on ...
Crypto outflows hit $415 million as Fed’s hawkish stance and inflation fears shake investor confidence, triggering Bitcoin ETF withdrawals.
A delayed rate cut could put President Trump on a "collision course” with the Federal Reserve, warned economist Nouriel ...
For instance, research from the San Francisco Fed found that if consumers fear short-term inflation, they will push with all their power for higher wages. Companies would then have to raise prices to ...
The annual inflation rate has risen in the three months since the November election to 3%, with gasoline prices climbing, ...
On "Forbes Newsroom," Steve Forbes responds to Federal Reserve Chair Jerome Powell’s testimony before the House and the ...
The best parts of the Biden administration’s response to the cost-of-living crisis are already being forgotten.
Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, ...
Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve in the near future.
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