Por: MarketWatch Politics September 26, 2022
Last week, the Fed hiked its benchmark interest rate by a supersized 0.75 percentage points — the third straight rate hike of that magnitude. That brought the fed funds rate up to a range of 3%-3.25%. Fed officials also penciled in more large moves this year, which would bring the rate up to 4.4%. Economists worry that going so fast might “break” the economy and cause a recession. But Fed officials think the economy can slow and still... + full article
Forbes USA Business September 27, 2022
Susan Collins, professor at the University of Michigan, right, and Donald Vereen arrive for dinner ... [+] during the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Thursday, Aug. 23, 2018. Federal Reserve... + más
Chicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year | MarketWatch
MarketWatch USA Business September 26, 2022
Last week, the Fed hiked its benchmark interest rate by a supersized 0.75 percentage points — the third straight rate hike of that magnitude. That brought the fed funds rate up to a range of 3%-3.25%. Fed officials also penciled in more large moves this year, which would bring... + más
Fed will try to avoid 'deep, deep pain' for U.S. economy, Bostic says | MarketWatch
Fed's Bostic says central bank hasn't lost credibility with the public | MarketWatch
ABC News USA Business September 26, 2022
WASHINGTON -- Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be needed to bring down inflation from unusually high levels, but also suggested any economic downturn would likely be modest. In her first... + más
Boston Fed's Collins says 'modest slowdown' is possible | Associated Press
Georgia Tech board calls meeting with Collins' future murky | Associated Press
Associated Press USA Business September 26, 2022
WASHINGTON (AP) — Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be needed to bring down inflation , but also suggested any economic downturn would likely be modest. In her first speech as Boston Fed... + más
Boston Fed's Collins says 'modest slowdown' is possible | ABC News
MarketWatch USA Politics September 26, 2022
Bostic said that the public’s long-term expectations for inflation are at or near the central bank’s 2% target. Bostic said he hears encouragement from the public. But some noted Fed watchers, including Wharton Professor Jeremy Siegel, have become highly critical of the... + más
The Hill USA Politics September 26, 2022
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said on Sunday it’s “not going to be easy” to achieve a slowdown in demand without causing a recession, a feat known as a soft landing. Speaking with Margaret Brennan on CBS’s “Face the Nation,”... + más
Associated Press USA Business September 20, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed... + más
Wall Street on edge as it tries to guess what the Fed is thinking | The Boston Globe
Consumer prices rise unexpectedly in August, sending stock market tumbling | ABC News
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