Fed’s Brainard says inflation is ‘much too high’ with risks it might go even higher
Inflation is running very hot and could move up even higher, necessitating steady interest rate increases and a shrinking of the balance sheet, Federal Reserve...
Federal Reserve’s projected rate hikes ‘won’t sufficiently tame’ inflation, Credit Suisse says
U.S. inflation, already at a 40-year high, is likely to remain hot even after the Federal Reserve completes all 10 to 11 of its projected...
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...
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....
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...
Debt and Inflation Threaten U.S. Security
The national debt this month reached $30 trillion. Not only is this the largest debt in U.S. history in dollar terms, but the ratio of...