Jerome Powell: Fed Is ‘Acutely Focused’ on Fighting Inflation
Federal Reserve Chairman Jerome Powell has insisted that curbing inflation and restoring stability to the U.S. dollar is one of the Fed’s highest priorities.
Federal Reserve
Powell: Fed to Raise Interest Rates without ‘Hesitation’ until Inflation Eases
Federal Reserve Chairman Jerome Powell has warned that the central bank will continue raising interest rates to combat elevated inflation until it comes down.
Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation
This week’s two-day Federal Reserve policy meeting is a major focus point for investors, with markets expecting the central bank to press ahead with a sharp rate hike in an effort to relieve surging inflationary pressures.
Top Fed Official Calls for Interest Rates Raised above 3% Before End of 2022
Federal Reserve Bank of St. Louis President James Bullard is calling for the Fed to raise interest rates above three percent before the end of 2022.
Joe Manchin Drops Hammer on Biden, Will Vote Against Fed Nominee
West Virginia Democrat Sen. Joe Manchin has dropped the hammer on President Joe Biden by announcing he will vote against his Federal Reserve nominee.
GOP Boycotts Biden’s Federal Reserve Nominees, Fate Now Unclear
Senate Republicans have boycotted a vote on Democrat President Joe Biden’s nominees to fill vacant seats on the Federal Reserve Board.
Consumer Prices Skyrocket 7.5% Higher, Worst Inflation in 40 Years
Consumer prices in America have skyrocketed to the highest rate in 40 years as inflation explodes under Democrat President Joe Biden’s economy.
Federal Reserve’s New Policies Will See Bitcoin Outpace Stocks in 2022, Report Suggests
Bitcoin will dominate the cryptocurrency market in 2022, with BTC outpacing traditional stocks thanks to the U.S. Federal Reserve’s new policies, according to a new report.