A second Republican commissioner has resigned as the agency gears up for a big showdown on noncompete agreements and the Microsoft-Activision merger.
Category: Federal Reserve System
-
Inflation Cooled Just Slightly, With Worrying Details
The New York Times – Business:Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.
-
Stocks Slip as Inflation Story Gets More Complicated
The New York Times – Business:The prospect of a drop in the pace of inflation has recently boosted hopes that the Federal Reserve will soon stop increasing interest rates.
-
Biden Picks Lael Brainard to Lead National Economic Council
The New York Times – Business:Lael Brainard, the Fed’s vice chair, will become a top economic adviser along with Jared Bernstein, who will head the Council of Economic Advisers.
-
Inflation cooled annually, but the details are more worrying.
The New York Times – Business:Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
-
Real Interest Rates Are Moving Up, but Don’t Celebrate Yet
The New York Times – Business:While markets are predicting that inflation will fall further, savings rates still aren’t keeping up with the prices we’re paying.
-
As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
The New York Times – Business:The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
-
Strong hiring hints at more work ahead for the Fed, but wages cool.
The New York Times – Business:The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.
-
U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
-
Strong Job Growth in January is a Boost for Biden
The New York Times – Business:President Biden has for months pointed to solid hiring trends as evidence that his agenda has rebuilt the economy after the pandemic shutdowns.
-
U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.