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Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full

[ad_1] U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report…

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Business

A year later, the Fed still has a long way to go in the fight against inflation

[ad_1] A grocery cart sits in an aisle at a grocery store in Washington, DC, on February 15, 2023. Stefani…

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Enterprenuers

Mortgage demand from homebuyers drops to a 28-year low

[ad_1] A potential buyer with her realtor view a home listed for sale during an open house in Parkland, Florida.…

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Business

Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says

[ad_1] The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest…

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Business

Key Fed inflation measure rose 0.6% in January, more than expected

[ad_1] A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central…

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Business

Fed’s Mester says she has hope that inflation can be brought down without a recession

[ad_1] Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in…

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Business

Fed minutes show members resolved to keep fighting inflation

[ad_1] WASHINGTON — Federal Reserve officials at their most recent meeting indicated that there are signs inflation is coming down,…

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Business

Fed’s James Bullard pushes for faster rate hikes, sees ‘good shot’ at beating inflation

[ad_1] St. Louis Federal Reserve President James Bullard expressed confidence that the central bank can beat inflation and advocated Wednesday…

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Business

Consumer debt hits record $16.9 trillion as delinquencies also rise

[ad_1] A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.  Athit Perawongmetha |…

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Business

Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase

[ad_1] Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year,…

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