Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
Category: Federal Reserve System
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As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope
The New York Times – Business: -
Oliver Stone Goes Nuclear at Davos
The New York Times – Business:At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power.
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As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
The New York Times – Business:A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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Investors Are Walking a Tightrope as Stocks Head for a Second Weekly Gain
The New York Times – Business:Signs of slowing inflation are competing with downbeat company forecasts as earnings season begins.
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I.M.F. Sees World Economy ‘Bottoming Out’ in 2023
The New York Times – Business:Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
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Inflation Is Slowing, Good News for American Consumers and the Fed
The New York Times – Business:Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Inflation slowed last month thanks to cheaper fuel and airfares.
The New York Times – Business:The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Disney Prepares for a Board Fight by Nelson Peltz
The New York Times – Business:After months of talks, the activist investor Nelson Peltz is jockeying for a director position at the entertainment giant as he pushes for a series of changes.
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Powell Says Fed ‘Will Not Be’ a Climate Policymaker
The New York Times – Business:In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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The Week in Business: Slowing Job Growth
The New York Times – Business:Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.
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US Employers Added 223,000 jobs in December
The New York Times – Business:The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.