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Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
Seattle Times· 7 days agoHammack was named a partner in 2010. Hammack’s appointment comes at a critical moment for the Fed....
The great American boom is finally running out of steam, leaving mountains of debt
The Telegraph via Yahoo Finance· 2 hours agoThe American economy is not as strong as we all thought. Growth has slowed to stall speed over the...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
Fortune via Yahoo Finance· 3 days ago"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in...
U.S. job openings drop in April, as labor market cools
Reuters via AOL· 17 hours ago(Reuters) -U.S. job openings fell more than expected in April to the lowest in more than three...
Don’t Expect the Fed to Cut Interest Rates This Year
Barron s Online· 4 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...
An inflation gauge closely tracked by the Federal Reserve rises at slowest pace this year
Los Angeles Times· 4 days agoThe figures could provide reassurance for Fed officials, who aggressively raised interest rates to...
Stock Futures Rise on Fed Bets; India Rebounds: Markets Wrap
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- European stock futures advanced as signs of a cooling US labor market buoyed Federal...
The Fed doesn't want to talk about stagflation. It might not have a choice.
TheStreet via Yahoo Finance· 4 days agoThat seemed on firm display last month when Fed Chairman Jerome Powell spoke to the media following...
Opinion | Goodbye Inflation, Hello Recession?
New York Times· 13 hours agoLong ago I studied international economics with the great Charles Kindleberger, famous not just for his insights but also for his bon mots. There are...
Summer Storms Are Arriving
GoldSeek.com· 1 day agoFed Chair Jerome Powell does not call it that because he said he cannot see either the stagnant economy or the rising inflation. The economic clouds that ...