Bullard says Fed moving too slowly to quell high inflation and putting economy at risk
St Louis Federal Reserve President James Bullard doesn’t think the U.S. central bank is attacking high inflation with enough urgency — risking both its credibility...
Gold settles nearly 2% higher to end a 4-session streak of declines
Gold futures ended nearly 2% higher on Thursday to post their first gain in five sessions, buoyed by a drop in the U.S. dollar. Investors...
Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing...
Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg
Inflation has turned out to be not-so-transitory, and the Federal Reserve has its knives out. Well, its hammer, anyway. Raising interest rates — the U.S....
Here’s everything the Fed is expected to do at its meeting this week
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022....
CPI inflation February 2022:
Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched. The consumer price index, which measures a...
The Fed Needs to Put Its Eye on the Money Supply
As recently as September 2021, half of the Federal Open Market Committee expected no change in the federal-funds rate throughout 2022, and not a single...
Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...
LIVE: Federal Reserve Chair Powell Testifies on Monetary Policy Before Senate Committee: 11:AM EST
Federal Reserve Chairman Jerome Powell is back on Capitol Hill on Thursday to deliver his semiannual economic assessment to the Senate Committee on Banking, Housing...
LIVE: Fed Chair Jerome Powell Testifies Before Congress on Monetary Policy and Economy
Federal Reserve Chairman Jerome Powell appears before the House Financial Services Committee to present the semiannual monetary policy report and discuss the state of the...