Full recap of the Fed’s rate hike and Chair Powell’s news conference
Powell says a soft landing could still be possible When asked if a soft Landing is no longer achievable, Fed Chair Jerome Powell said the...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not...
Walmart, JPMorgan, GM CEOs talk about possible slowdown
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit,...
Transitory inflation talk is back. But economists say higher prices here to stay
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight...
Holiday shopping kicks off with inflation dampening spirits
NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. The U.S. job market remains strong,...
US Sen. Elizabeth Warren says crypto will ruin economy — Community responds By Cointelegraph
[ad_1] US Sen. Elizabeth Warren says crypto will ruin economy — Community responds The downfall of former crypto exchange FTX has had the entire industry...
US Sen. Elizabeth Warren says crypto will ruin economy — Community responds By Cointelegraph
[ad_1] US Sen. Elizabeth Warren says crypto will ruin economy — Community responds The downfall of former crypto exchange FTX has had the entire industry...
Fed’s Collins expresses hope that inflation can be tamed without hitting jobs
Boston Federal Reserve President Susan Collins expressed confidence Friday that policymakers can tame inflation without doing too much damage to employment. “By raising rates, we...
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022....