Por: CBS News Politics September 24, 2022
In case the U.S. economy wasn't hurting enough already, the Federal Reserve has a message for Americans: It's about to get much more painful.Fed Chair Jerome Powell made that amply clear this week when the central bank projected its benchmark rate hitting 4.4% by the end of the year — even if it causes a recession. There will very likely be some softening of labor market conditions, Powell . We will keep at it until we are... + full article
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
Newsweek USA Nation September 26, 2022
Senator Elizabeth Warren on Sunday issued a stinging critique of the Federal Reserve amid news that it would be raising interest rates in an effort to fight inflation.Warren made the statement via a tweet that included a link from CBS News proclaiming that the Fed plans to... + más
Fed Governors Shed No New Light On 4.6% Peak Funds Rate | Forbes
Judge denies motion to reinstate State Attorney Andrew Warren following suspension by Gov. Ron DeSantis | WPTV
Forbes USA Business September 25, 2022
The Fed Brings Us Back Near Bear Market Lowsgetty While the Federal Reserve (Fed) delivered a 75 basis point (0.75%) hike as expected last week, the summary of economic projections (SEP) delivered a sobering message. The Fed no longer believes the U.S. can tame its inflation... + más
Boston Fed's Collins says 'modest slowdown' is possible | ABC News
ABC7 USA World September 25, 2022
The Federal Reserve escalated its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank said.The Fed has put forward a... + más
The Fed says unemployment will rise. Here's who economists say would lose their jobs first. | ABC News
State adds 9,000 jobs in August, more than half are in Baton Rouge | The Advocate
ABC News USA Business September 24, 2022
The Federal Reserve its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank said.The Fed has put forward a in recent... + más
The Fed says unemployment will rise. Here's who economists say would lose their jobs first. | ABC7
ABC News USA Business September 22, 2022
WASHINGTON -- The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many... + más
Fed attacks inflation with another big rate hike and expects more | Chicago Tribune
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
CNN USA Business September 22, 2022
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up . You can listen to an audio version of the newsletter by clicking the same link. London CNN Business — When the Federal Reserve started hiking interest... + más
The Fed wants you to lose your job | The Boston Globe
Investors betting on short-term gains will miss out when Powell ‘wins the game,’ Cramer says | CNBC
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