Por: Portland Press Herald World September 25, 2022
WASHINGTON — Federal Reserve Chair Jerome Powell acknowledged this week that there are a few things he does not know about the U.S. economy. He doesn’t know if it is doomed to fall into recession. He doesn’t know how long high inflation will persist. And he doesn’t know if healthier supply chains will be much help. “It’s very hard to say with precise certainty the way this is going to unfold,” Powell told reporters this week.... + 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 Politics September 27, 2022
The surprise forecast triggered a major decline in the stock market as the realization sank in that the Fed is determined to squelch — no matter the cost. And the cost seems increasingly likely to be a recession, analysts say. The risk of a recession over the next year... + más
How Long Do Recessions Last? When Are They Over? | Forbes
Fed Governors Shed No New Light On 4.6% Peak Funds Rate | Forbes
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
ABC News USA Business September 21, 2022
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
Global shares decline ahead of Fed decision on rates | ABC News
Associated Press USA Business September 21, 2022
WASHINGTON (AP) — Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain” for Americans.When the... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
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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