NY Fed President John Williams calls for higher interest rates
New York Federal Reserve Bank President John Williams on Tuesday called for further rapid interest-rate hikes to slow the economy and inflation, including a possible second ...
Tag: federal reserve
Federal Reserve could take drastic measures to curb inflation
There’s a chance the Federal Reserve could take extreme action to curb rampant inflation — including hiking interest rates by ...
Only 2 things can stop ‘out of control’ inflation
Hedge fund billionaire Bill Ackman delivered a dire forecast about the impact of persistent inflation on the US economy this ...
Goldman Sachs says stocks will slide until Fed clarifies policy
A lengthy losing streak for US stocks is likely to continue until the Federal Reserve reveals the endpoint of its ...
Americans’ savings shrunk by $9K compared to last year: report
Surging levels of inflation and the COVID-19 pandemic have eaten into Americans’ savings as the average resident has seen their ...
Reality bites traders, memers and crypt-iots
Melvin Capital is maybe the first — but certainly won’t be the last — hedge fund hammered out of business ...
How restaurants are grappling with food inflation: $34 chicken wings
Restaurant owners are debating whether to charge patrons as much as $34 for a plate of chicken wings or to ...
Stagflation in US economy ‘unavoidable,’ economist El-Erian says
The onset of debilitating stagflation within the US economy is likely “unavoidable” even if the Federal Reserve manages to avoid ...
Lloyd Blankfein warns of ‘very, very high risk’ of recession
Former Goldman Sachs chief executive Lloyd Blankfein is warning there is a “very, very high risk” of recession — and ...
Fed’s slow response to inflation ‘was a mistake’: ex-chair
The banker who steered the US through the Great Recession blamed the Federal Reserves’ current leadership for moving too slowly ...
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