Fed Governor Waller agrees the central bank can ‘proceed carefully’ on interest rates
Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank…
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…
European stocks close higher as investors look ahead to fresh economic data
European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…
JPMorgan backs off recession call even with ‘very elevated’ risks
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a…
July jobs report: U.S. payroll growth totaled 187,000, lower than expected
Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not…
Banks say conditions for loans to businesses and consumers will keep getting tougher
Lending conditions at U.S. banks are tight and likely to get tighter, according to a Federal Reserve survey released Monday.…
Key Fed inflation rate falls to lowest annual level in nearly 2 years
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.…
