Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
Posted inBanking and Financial Institutions Barr, Michael S Disasters and Emergencies Federal Reserve System United States Economy
Stress Tests Show Largest Banks Are Sturdy, Fed Says
The Federal Reserve tested banks’ ability to endure a real estate crash, high unemployment and trading turmoil.
Posted inBank of England Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H Ueda, Kazuo United States Economy
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
Posted inBiden, Joseph R Jr Donilon, Mike Dunn, Anita Federal Reserve System Gopinath, Gita internal-storyline-no Labor and Jobs Polls and Public Opinion Powell, Jerome H Presidential Election of 2024 United States Economy
Can Bidenomics Revive Biden’s 2024 Presidential Bid?
The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.