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Fed should be independent, not untouchable
Reuters· 7 days agoA whispered plan from allies of Donald Trump to bring the central bank, and its Chair Jerome “Jay” Powell, to heel is both dangerous and impractical. The...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
KAMR Amarillo· 5 days agoWASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading,...
How the Federal Reserve drives the boom-bust cycle
The Forex Market· 4 hours agoThe Federal Reserve was sold as a way to "provide the nation with a safer, more flexible, and more stable monetary and financial system." In fact, the...
The Fed doesn't want to talk about stagflation. It might not have a choice.
TheStreet via Yahoo Finance· 2 days agoThat seemed on firm display last month when Fed Chairman Jerome Powell spoke to the media following...
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance via AOL· 3 days agos release. “We forecast that further improvement in inflation is in the cards over the coming months...
The skunk at Fed Chairman Powell’s tea party
The Washington Times· 6 days agoNews that inflation eased in April inspired euphoria in securities markets. The S&P 500 index busted through its previous record high, and the key...
Powell: Winning the World Cup will give 'massive boost' financially for West Indies
ESPNcricinfo· 3 days agoRovman Powell, their captain, is aware of it, and is hoping to feed off that optimism because, as he...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 3 days agoFederal Reserve Chairman Jerome Powell and his team had hoped to lower rates in 2024. Elevated inflation, a resilient economy, and a still-strong, if...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Erie News Now Plus· 5 days agoHammack's appointment comes at a critical moment for the Fed. Chair Jerome Powell has emphasized that the central bank will keep its key rate at a 23-year high of about 5.3% ...
Fed's favored inflation gauge slows in April while price increases remain sticky
AOL· 3 days agoThe latest reading of the Fed's preferred inflation gauge showed inflation slowed in April as prices increased in line with Wall Street expectations. The core Personal Consumption Expenditures ...