Vague comments about possible future rate cuts were all that central bankers gave the markets. Patience will be difficult at this tricky moment, our columnist says.
Category: Volcker, Paul A
-
The Fed’s Decisions Now Could Alter the 2024 Elections
The state of the economy will affect voting next November, and the Federal Reserve may find itself in a delicate position, our columnist says.
-
America’s Inflation Antihero Gets a Makeover
As the Fed fights inflation with a wary eye on the 1970s, some are arguing that Arthur Burns, the Fed chair at the time, gets too bad a rap.
-
Jerome Powell Is Popular. His War on Inflation Could Change That.
The New York Times – Business:Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.