News

JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is ...
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...
The Fed, Congress and Trump must make fundamental changes to prepare the economy for the next crisis.
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
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 ...
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," ...
Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.
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 ...