When will Fed Chair Jerome Powell lower the curtains on the inflation battle?
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The central bank is ‘really in risk management mode,’ its chairman said.
‘Surely we can avoid an economic crash? We can, but don’t call me Shirley!’
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The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
A recession-free landing for the Fed may be harder now.
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The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
Putting your money where his mouth is.
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The US spent $232 billion paying interest on the national debt in the first quarter of 2023 as the Fed jacked up borrowing costs.
Homebuyers are receiving something of a holiday gift in falling mortgage costs.
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The cost of borrowing for a home has fallen in recent months, despite repeated increases of the benchmark interest rate. An economist explains the seeming paradox.
Fed Chair Jerome Powell indicated further hikes to come.
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The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
Flipping jobs?
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The job market continued to improve in December, but a stagnating labor pool will pose more challenges for employers in 2022.
Mirror mirror on the wall, who’s the best economy of them all?
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The US economy ended 2021 with a lot of uncertainty and serious problems, such as inflation. How will economists know if things are improving in 2022?