Signing out of account, Standby...
More Posts on Federal Reserve
According to Goldman Sachs, a soft landing is still possible despite ongoing recession fears and interest rate hikes by the Fed.
There's "less clarity than usual about the outlook," according to the National Association of Business Economics.
To Fight Sky-High Inflation, the Federal Reserve Just Raised Interest Rates Three Times Faster Than Usual — And the Most Since 1994
The increase marks an escalation of the central bank's effort to cool the highest inflation since 1981.
Billionaire Investor Warns U.S. Economy Could Face 'Serious Problems' If Fed Doesn't Hike Rates Within the Year
Investor Sam Zell voiced disapproval of the Fed's decision to raise interest rates by 50-basis points, saying the economy could be in trouble if they don't hike rates up to 100.
Supply-chain issues and resulting inflation may soon prompt rate hikes from the Federal Reserve. Here's what savvy property investors can do in response.
Surging Inflation Could See Millions of American Households Paying $3,500 in Additional Expenses This Year: Report
PWBM, a nonpartisan research-based initiative, estimates that the historic levels of inflation will require the average U.S. household to spend around $3,500 more in 2021 to achieve the same level of consumption of goods and services as in 2019 or 2020.
Goldman Sachs is predicting that persistently high inflation will force the Fed to roll back stimulus more aggressively.
About one-quarter of 171 economists responding to a question about key risks to the global economic recovery said more supply chain disruptions or upticks in COVID-19 infections were the top risks.
The Fed's so-called Beige Book noted that the U.S. economy has been "dampened by a low supply of workers," partially due to vaccine mandates.
First-time filings for unemployment insurance-a proxy for layoffs-came in at 351,000 for the week ending Sept. 18, a rise of 16,000 from the previous week's revised level of 335,000.