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If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is once again produced in the form of market goods and labor. The Fed produces neither, which is yet another comment that the Fed’s ability to influence economic activity is well overstated.
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
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