Chairman Powell and the Federal Reserve Board Talk Post-Pandemic Economy — 9/23/2022
The Federal Reserve Board hosts an event on Friday with representatives from a range of sectors to share their perspectives on how the pandemic has...
Powell’s stark message: Inflation fight may cause recession
WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher...
‘Running Too High’ Rather Than ‘Hardly at All’
In his much-anticipated remarks on the economy following the Fed’s policy meeting that saw another jumbo interest rate hike to tame soaring prices, Federal Reserve...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors...
U.S. needs miracle to avoid recession, economist Stephen Roach warns
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who...
We’re going to have one whopper of a recession in 2023
The U.S. economy is going to fall into a recession next year, according to Steve Hanke, a professor of applied economics at Johns Hopkins University,...
Treasury yields in focus as investors await Fed conference
U.S. Treasury yields were higher on Wednesday, as investors digested a fresh batch of economic data and Treasury auctions. The yield on the benchmark 10-year...
Jerome Powell’s Dilemma: What if the Drivers of Inflation Are Here to Stay?
Central bankers worry that the recent surge in inflation may represent not a temporary phenomenon but a transition to a new, lasting reality. To counter...
Larry Summers urges Fed to admit unemployment will rise, end ‘confusion’
The Federal Reserve is causing “confusion” among investors by avoiding a clear declaration that unemployment is likely to rise during its fight against inflation, according...
Ron Paul on U.S. Economy’s 'Inevitable Collapse' and the Impact of Nancy Pelosi’s Taiwan Visit
Former Texas Congressman Ron Paul returns to Kitco to discuss how weak monetary institutions will lead to the ‘inevitable collapse’ of the U.S. economy. He...