Por: MarketWatch Politics September 30, 2022
Deep recessions take a heavy toll on people and families, Daly noted. “The more severe the recession, the greater the potential harm,” she said. “Avoiding this kind of harsh recession will not be easy, but we must try.” The Fed has raised its policy rate by 300 basis points since March and has penciled in a few more hikes this year to get the benchmark rate in a range of 4.25%-4.5%. The central bank has also penciled in one more for next... + 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
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
Bleacher Report USA Sports September 19, 2022
It was late May, and a 16-year-old nicknamed Little John was tied for first place after 36 holes at the golf course where his given name became a household one 29 years ago.Little John knew what the moment meant, but he was comfortable in it. The pressure felt right. Even though... + más
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