Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
Category: Interest Rates
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Private Equity, Saddled With Investments It Can’t Sell, Loses Its Luster
As funds deliver mediocre returns and sheds investors, the industry is struggling to unload 31,000 investments, an increase over this time last year.
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Bank of Japan Raises Interest Rates to Highest Level in 30 Years
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households.
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U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
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Interest Rate Cut and Slower Inflation Offer Britons a Reprieve
Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.
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Next Fed Chair in ‘No-Win Scenario’ as Selection Process Draws to a Close
The person picked to replace Jerome H. Powell will be thrust into a credibility problem that will be difficult to escape.
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Why a Data Deluge Is Unlikely to Settle the Rates Debate
A backlog of government economic data is set to ease, but disagreement on the country’s economic outlook could linger.
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Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry.
November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January.
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This Isn’t the First Time the Fed Has Struggled for Independence
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951.
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Fed Divisions Underscore Challenge for Trump’s Next Chair
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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How to Read the Fed’s ‘Dot Plot’ Projections Like a Pro
The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank.