Por: MarketWatch 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 “has now climbed above 50%,” said chief economist Douglas Porter of BMO Capital Markets. “This more aggressive series of rate hikes will weigh more heavily on the U.S.... + 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
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
Forbes USA Business September 24, 2022
Getty Images Key Takeaways In December 2007, the U.S. entered its worst economic slowdown since the Great Depression. Commonly known as the 2008 recession or the Great Recession, this event altered the course of millions of Americans’ lives. The 2008 recession was a long one,... + más
US economic barometer drops for sixth month in a row, potentially 'signaling a recession' | CNN
EXPLAINER: How do we know when a recession has begun? | ABC News
New York Post USA Business September 24, 2022
Wall Street’s massive selloff on Friday had the the Dow flirting with a bear market as investors appear resigned to the fact that the for a “soft landing” and will continue to — even if it means a deeper recession. The Dow Jones Industrial Average was down more than 800... + más
The Dow just joined the S&P 500 in a bear market: What investors need to know | MarketWatch
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
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
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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