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U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is ...
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," ...
Rates are higher because inflation could be more unpredictable ... Those changes will factor into the Fed’s new strategy, Powell said. “The economic environment has changed significantly ...
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.
Since then, the economic landscape has shifted. The latest GDP and inflation data points toward either a growth recession or ...
Still that reflects a "historically unusual result" of inflation falling from its ... a "soft landing" that did take place under the Fed's current strategy. The current unemployment rate of ...
The strategy informs how exactly the Fed will achieve both its goals ... how it would maintain maximum employment and 2% long-term inflation, the prognosis was: more turbulence.
The inflation that took off after ... to possibly extensive revisions to a strategy that had been viewed at its inception as a major shift for the Fed, with a willingness to take more risks ...
Caution around inflation is one reason the Fed has been cautious about drawing ... His comments point to possibly extensive revisions to a strategy that had been viewed at its inception as a ...
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