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: hawk
Fed’s Kashkari backs interest rate hikes ‘at least the next few meetings’
The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few meetings,” 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
Fed’s Bullard says there is a ‘good chance’ of a soft landing for U.S. economy
St. Louis Federal Reserve President James Bullard on Thursday said he didn’t see a U.S. recession on the horizon. “We’ve got a good chance of a soft landing here going Read more