The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
Tag: dove
No Fed official expects an interest-rate cut to be appropriate this year, meeting minutes show
None of the 19 top Federal Reserve officials expect it will be appropriate to cut interest rates this year, according to the minutes of the central bank’s December policy meeting, Read more
Dove and Sauve part of dry shampoo recall for traces of cancer-causing benzene
Check your bathroom for select spray dry-shampoo brands including Dove, Suave, TRESemmé and TIGI’s Rockaholic and Bed Head — they’ve been voluntarily recalled after experts flagged the products for “potentially elevated Read more
Fed’s Bullard thinks inflation can come down without throwing a wrench in strong labor market
The Federal Reserve can get inflation back down to its 2% target without throwing a wrench in the strong labor market, said St. Louis Fed President James Bullard on Wednesday. Read more
Fed will tolerate a recession, and 5 other things we learned from Powell’s presser
But there were a lot of moving parts to the Fed’s message. Here are six things we learned from the central bank’s economic projections and Fed Chairman Jerome Powell’s press Read more
Federal Reserve officials back moving interest rates higher in order to slow the economy, minutes show
Federal Reserve officials in July agreed that it was necessary to move their benchmark interest rate high enough to slow the economy to combat inflation that remained well above their Read more
Fed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time this year in an aggressive bid to cool off the hottest inflation in four decades, Read more
Fed jacks up interest rates again to combat highest inflation in 41 years
The Federal Reserve on Wednesday raised a key U.S. interest rate for the fourth time this year in an aggressive bid to cool off the hottest inflation in four decades, Read more