Powell faces Fed dissent amid recession fears
Chairman Jerome Powell achieved a near-perfect consensus as the Federal Reserve aggressively hiked interest rates. Now that the walking campaign… Read More »Powell faces Fed dissent amid recession fears
US growth slowed sharply in the first quarter as the Fed pushed rates higher
US economic growth slowed sharply in the first quarter of 2023 despite strong consumer spending, as the Federal Reserve continued… Read More »US growth slowed sharply in the first quarter as the Fed pushed rates higher
Yellen: Tightening Bank Credit May Curb Fed Needs to Raise Rates
US Treasury Secretary Janet Yellen said on Saturday (15) that the expected credit crunch could accelerate the decline in inflation… Read More »Yellen: Tightening Bank Credit May Curb Fed Needs to Raise Rates
Yellen: Lending pullback could be substitute for more Fed hikes
Treasury Secretary Janet Yellen said US lenders may pull back on credit in the wake of recent bank failures —… Read More »Yellen: Lending pullback could be substitute for more Fed hikes