Donald Trump appointed Jerome Powell as chair of the Federal Reserve. If returned to the White House, he may seek to replace him.
AP Photo/Alex Brandon
Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Federal Reserve Chair Jerome Powell speaks to reporters on May 1, 2024.
Saul Loeb/AFP/Getty Images
The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
A recession-free landing for the Fed may be harder now.
AP Photo/Alex Brandon
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Just hold your nose and make a decision.
AP Photo/Andrew Harnik
The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
Is strong hiring fanning the flames of inflation?
AP Photo/Nam Y. Huh
The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
Oeuf! Egg prices are rising faster than a souffle.
Getty Images