Por: The Hill Business October 01, 2022
On Sept. 21, Federal Reserve Board Chair Jerome Powell increased the Fed fund rate by 0.75 percent and promised additional increases by year’s end to lower the present annual inflation which could cost the economy 1.2 million jobs, . Powell’s decision suggests he prefers trading the pain of 1.2 million lost jobs for a little lower inflation for all. This is a costly action that ignores a less painful option. It is also Powell’s third... + full article
Associated Press USA Business September 28, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that will need greater regulation as they become more widely used by consumers. Powell also said, in virtual remarks to a conference on digital finance in Paris, that the Fed hasn’t yet decided on whether to... + más
USD Coin, America's 'stable' cryptocurrency, explained | Newsweek
Fed Governors Shed No New Light On 4.6% Peak Funds Rate | Forbes
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
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
Judge denies motion to reinstate State Attorney Andrew Warren following suspension by Gov. Ron DeSantis | WPTV
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
State adds 9,000 jobs in August, more than half are in Baton Rouge | The Advocate
RTTNews USA Business September 24, 2022
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to extend the sell-off seen in the previous session.Negative sentiment is likely to carry from the previous session, which saw the major averages plunged to their lowest levels in a... + más
Bargain Hunting May Contribute To Initial Rebound On Wall Street | RTTNews
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
The Boston Globe USA Opinion September 22, 2022
If there’s one good thing about this economy, it’s the labor market. Wages are rising, unemployment is down to , and workers have more leverage over their employers than they’re used to. But Federal Reserve chair Jerome Powell has had enough of that, and it seems he’d... + más
High inflation in sight, Fed to signal more rate hikes ahead | Associated Press
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