The Federal Reserve is expected to hold interest rates steady on Wednesday, despite relentless attacks from President Trump over borrowing costs.
Category: Rajan, Raghuram G
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Behind Powell’s Big Gamble in Final Jackson Hole Speech
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.
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The Perils of the Fed’s Vast Bond Holdings
The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.