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Federal Reserve

Fed’s Neel Kashkari Claims Inflation May Still Be Transitory

August 4, 2022 - 10:53 amAugust 4, 2022 - 10:10 am by Nick R. Hamilton

Minneapolis Federal Bank President Neel Kashkari has claimed that inflation may still be transitory.

Categories Economy Tags Business, Federal Reserve, Inflation, Neel Kashkari, News, Recession 2 Comments

Looming Debt ‘Death Spiral’ Will Force Fed to Restart Money Printers Sooner, Expert Warns

July 22, 2022 - 1:58 pmJuly 22, 2022 - 10:10 am by Nick R. Hamilton

A leading economic expert is warning that the U.S. Federal Reserve will soon be forced to start printing money again as a “death spiral” of debt is looming.

Categories Economy Tags Business, Debt, Federal Reserve, Inflation, News Leave a comment

Defaults to Soar amid ‘Extremely High’ Recession Risk and Rising Borrowing Costs

July 15, 2022 - 10:57 amJuly 15, 2022 - 10:10 am by Nick R. Hamilton

Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an “extremely high” risk of recession, a group of finance industry leaders is warning.

Categories Economy Tags Business, Credit, Federal Reserve, Inflation, Jerome Powell, News Leave a comment

Key Inflation Gauge Drops Slightly But Sticks at More Than Double Fed’s Target

June 30, 2022 - 11:30 amJune 30, 2022 - 10:10 am by Nick R. Hamilton

A key inflation gauge dropped slightly in May but remains stuck at a level that is more than double the target set by the Federal Reserve.

Categories Economy Tags Business, Central Bank, Federal Reserve, Interest Rates, News Leave a comment

Jerome Powell: Fed Is ‘Acutely Focused’ on Fighting Inflation

June 18, 2022 - 1:05 pmJune 18, 2022 - 10:10 am by Nick R. Hamilton

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.

Categories Economy Tags Business, Federal Reserve, Inflation, Jerome Powell, News Leave a comment

Powell: Fed to Raise Interest Rates without ‘Hesitation’ until Inflation Eases

May 18, 2022 - 11:48 amMay 18, 2022 - 10:13 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned that the central bank will continue raising interest rates to combat elevated inflation until it comes down.

Categories Economy Tags Business, Central Bank, Economy, Federal Reserve, Inflation, Interest Rates, Jerome Powell, News Leave a comment

Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation

May 2, 2022 - 10:05 am by Nick R. Hamilton

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.

Categories Economy Tags Business, Central Bank, Federal Reserve, Inflation, Interest Rates, News Leave a comment

Top Fed Official Calls for Interest Rates Raised above 3% Before End of 2022

March 18, 2022 - 12:26 pmMarch 18, 2022 - 11:51 am by Nick R. Hamilton

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.

Categories Economy Tags Business, Federal Reserve, Inflation, Interest Rates, James Bullard, News Leave a comment

Joe Manchin Drops Hammer on Biden, Will Vote Against Fed Nominee

March 14, 2022 - 2:04 pm by David Hawkins

West Virginia Democrat Sen. Joe Manchin has dropped the hammer on President Joe Biden by announcing he will vote against his Federal Reserve nominee.

Categories News, Politics Tags Biden, Federal Reserve, Joe Manchin 1 Comment

GOP Boycotts Biden’s Federal Reserve Nominees, Fate Now Unclear

February 16, 2022 - 1:43 pmFebruary 16, 2022 - 12:02 pm by Nick R. Hamilton

Senate Republicans have boycotted a vote on Democrat President Joe Biden’s nominees to fill vacant seats on the Federal Reserve Board.

Categories Economy Tags Banking, Biden, Business, Federal Reserve, News Leave a comment
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