The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below Read more
Tag: Feds
Philadelphia Fed’s manufacturing gauge remains weak in October
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below 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
Inflation still high but easing Fed’s Beige Book finds, as recession fears grow
Inflation eased a bit in the early fall, a Federal Reserve survey found, but prices were still rising rapidly while higher interest rates socked the economy and spurred more talk Read more
Fed’s George urges caution while backing further rate hikes
The Federal Reserve needs to continue raising interest rates but should be careful about the pace of these moves, said Kansas City Fed President Esther George on Friday. “We may Read more
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked Read more
Opinion: Everybody is looking at the CPI through the wrong lens. The best measure shows inflation fell to the Fed’s target in the past three months.
That’s the big question facing policy makers, investors and consumers. Unfortunately, the way we talk about the inflation numbers — released Thursday — can confuse as much as it can Read more
Opinion: Everybody is looking at the CPI through the wrong lens. The best measure shows inflation fell to the Fed’s target in the past three months.
That’s the big question facing policy makers, investors and consumers. Unfortunately, the way we talk about the inflation numbers — released Thursday — can confuse as much as it can Read more
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you Read more
Weekend reads: How the Fed’s punishing policy can set you up for massive gains in the stock market
During a long bear market, investors’ moods can be so bleak and muddy that they cannot envision better times. But they always come. Warren Buffett has shown repeatedly over the Read more