Federal Reserve

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Larry Summers says that the Fed should consider doubling down on interest rates in July if it pauses in June because the risk of ‘overheating the economy’
Finance

Larry Summers says that the Fed should consider doubling down on interest rates in July if it pauses in June because the risk of ‘overheating the economy’

By
June 5, 2023
Moody’s chief economist warns the Fed not to ‘sacrifice the economy to the altar of a 2% inflation target’
Finance

Moody’s chief economist warns the Fed not to ‘sacrifice the economy to the altar of a 2% inflation target’

By
June 5, 2023
IMF managing director Kristalina Georgieva believes the Fed may not be done tackling inflation.
Finance

IMF head Kristalina Georgieva warns Fed may need to hike interest rates even further to cool down an overheating U.S. economy

By
June 5, 2023
Panama Canal water levels are dangerously low because of a massive drought and it could mean bad things for global inflation
Finance

Panama Canal water levels are dangerously low because of a massive drought and it could mean bad things for global inflation

By Laura Curtis, Ruth Liao, Michael McDonald and Bloomberg
June 2, 2023
Fed officials are signaling that the central bank probably won’t hike interest rates in June
Finance

Fed officials are signaling that the central bank probably won’t hike interest rates in June

By Christopher Rugaber and The Associated Press
June 1, 2023
Gold is a traditional store of value for the world's central banks.
Finance

The developing world wants to escape the dollar’s gravitational pull by shifting more reserves to gold

By
May 31, 2023
Jerome Powell, Gary Gensler
Finance

Hedge funds are exploiting a shadowy trade to cash in on the debt crisis and the SEC and Fed are questioning prime brokers, sources say

By Sonali Basak, Liz Capo McCormick, Lydia Beyoud, Hema Parmar and Bloomberg
May 26, 2023
woman packing up desk
Success

Your workers feel that a full return to the office is like a 2% to 3% pay cut

By
May 25, 2023
‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows
Personal Finance

‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows

By
May 23, 2023
Jerome Powell
Finance

‘Dear Jay’: Jefferies strategist writes an apology letter template for all the ‘haters’ who doubt the Fed chair and his inflation fight

By
May 22, 2023
Debt limit talks stalled as McCarthy says White House has ‘moved backwards’ since Republican walk-out
Finance

Debt limit talks stalled as McCarthy says White House has ‘moved backwards’ since Republican walk-out

By Steven T. Dennis, Billy House and Bloomberg
May 20, 2023
Stubborn inflation is creating opposing factions within the Federal Reserve about what their next move should be
Finance

Stubborn inflation is creating opposing factions within the Federal Reserve about what their next move should be

By Christopher Rugaber and The Associated Press
May 18, 2023
A veteran market watcher who saw the Fed creating a disaster in 2008 says ‘distortions in the economy’ today are still the Fed’s fault
Finance

A veteran market watcher who saw the Fed creating a disaster in 2008 says ‘distortions in the economy’ today are still the Fed’s fault

By
May 15, 2023
Christopher Waller
Environment

Federal Reserve official says climate change isn’t a serious financial risk

By Steve Matthews, Eric Roston and Bloomberg
May 11, 2023
Wharton’s Jeremy Siegel says stocks could jump 15% or more this year—but only if the Fed cuts rates
Finance

Wharton’s Jeremy Siegel says stocks could jump 15% or more this year—but only if the Fed cuts rates

By
May 11, 2023

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