Browsing Tag:Fed

the-fed-faces-criticism-as-it-wades-into-climate-and-equity-issues
And Michael Strain, an economist at the American Enterprise Institute in Washington, said he was concerned that the Fed's focus on boosting equity - by lowering undeclared unemployment, for example - could make it too hesitant to raise interest rates and raise them Let inflation bubble in the air.But Fed officials say the central bank is pragmatic, not political....
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powell-says-its-highly-unlikely-the-fed-will-raise-rates-this-year-despite-stronger-economy
Federal Reserve Chairman Jerome PowellKevin Lamarque | ReutersDespite its rapidly recovering economy, Fed chairman Jerome Powell reiterated the central bank's commitment on Sunday to keep monetary policy loose.That includes a near-sure statement that interest rates are going nowhere as inflation remains tame and millions of Americans continue to need help as the nation rebuilds from the damage caused...
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the-fed-has-embraced-the-punchbowl-and-has-no-intention-of-taking-it-away
The Marriner S. Eccles Federal Reserve building is located in Washington, DC, United States on Tuesday, August 18, 2020.Erin Scott | Bloomberg via Getty ImagesThe Federal Reserve has come a long way since the days of the "irrational exuberance" warning.Former Fed chairman Alan Greenspan famously sent out a torch in December 1996 over stretched asset valuations sparked by...
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