Feds

Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015.Lucas Jackson | ReutersFederal Reserve Bank of Cleveland President Loretta Mester said…

Dow Jones futures fell solidly early Wednesday, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell set to testify before Congress on Wednesday morning. X The stock market rally attempt had a strong…

Darius Dale says inflation could remain high because of core services prices. He estimates the Fed has a six-to-nine-month window of tightening before the…

___Fed officials signal rates may head to ‘restrictive’ levelsWASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as…

“High inflation is a severe threat to the achievement of maximum employment," he said.The economy, the Fed chair added, must grow for an extended period to put as many Americans back to work as possible. Controlling inflation — without…

For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic — the mounting coronavirus cases, the loss of lives and livelihoods, the lockdowns — because of underlying policies that…

Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation.His thinking, outlined in a live interview on CNBC's "Closing Bell," is consistent with…

High inflation is a “severe threat” to the Federal Reserve’s employment goals, chair Jay Powell told US lawmakers during his confirmation hearing on Tuesday, as he sketched out the US central bank’s plans to tighten monetary…

Amid COVID-19 lockdowns and restrictions, at least 740,800 jobs were lost in small businesses, says the Department of Industry. According to Blacklock’s Reporter, researchers warn the damage was so deep it will be some time before…

Billionaires got more billions, bottom half of Americans got peanuts and inflation. By Wolf Richter for WOLF STREET. My “Wealth Effect Monitor” uses the data that the Fed releases quarterly about the wealth of households. The…