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Colby Smith
Posts
New York Fed’s John Williams Favors More Rate Cuts
John Williams, president of the Federal Reserve Bank of New York, is primarily concerned with weakness in the labor market.
Mixed Economic Signals Stoke Divisions at Fed, Minutes Show
A few officials appeared reluctant to support the central bank’s interest rate cut last month, underscoring the tough task ahead for Chair Jerome H. Powell…
Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory
A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale but not breathe easy,” one expert…
Shutdown Puts a Divided Fed in a Perilous Position
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are…
Powell Stresses ‘Challenging Situation’ for Fed as Rate Debate Intensifies
Rising inflation and a weakening labor market have created a bind for the central bank, Jerome H. Powell, its chair, warned on Tuesday.
Miran Says Interest Rates Should Fall to 2.5 Percent This Year
Stephen Miran, who joined the central bank last week, said he believes rates should be around 2.5 percent, or about 2 percentage points lower than…
Fed Faces No Good Options as Labor Market Wobbles While Inflation Firms
The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White…
Fed Cuts Rates for First Time This Year
The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market…