Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Category: Mester, Loretta J
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Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
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Fed Minutes Show Officials Were Wary About Inflation at May Meeting
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.