Fed staff sees a recession
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16hon MSN
Federal Housing Finance Agency Director William Pulte presses for Federal Reserve Chair Jerome Powell to cut interest rates, echoing President Donald Trump's demand
Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the supply of goods and commodities in the coming years.
Director William Pulte urged Federal Reserve Chair Jerome Powell to reinstate the central bank's interest rate cuts.
3h
24/7 Wall St. on MSNJerome Powell Says Supply Shocks Are Coming—Which Stocks Can Still Thrive?Fed chair Jerome Powell’s words sure can move markets. And while Fed meetings and new commentary from Chairman Powell will surely have some investors biting their nails, it’s worth noting that the market’s immediate reaction doesn’t always make the most sense.
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome Powell that it’s time to resume the central bank’s interest rate cuts.
In a speech on Sunday, the Fed chair, who has been subject to extensive criticism by President Donald Trump, defended the central bank’s decision to cut its key interest rate to nearly zero.
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.
Federal Reserve Chairman Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.
Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the supply of goods and commodities in the coming years, which is a difficult challenge for the economy and the central bank,