Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according
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Breaking News: Economy
Fed’s Mester says she has hope that inflation can be brought down without a recession
In a CNBC interview, Mester said she sees the central bank's benchmark interest rate having to rise above 5% and
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Key Fed inflation measure rose 0.6% in January, more than expected
The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis,
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Here’s where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market. Source
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Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Fed's Neel Kashkari says central bank has not made enough progress, keeping his rate outlook Source link
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Private payroll growth slowed to 106,000 in January as weather hit hiring, ADP says
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before. Source link
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IMF hikes global growth forecast as inflation cools and household spending surprises
In its latest economic update, the institution said the global economy will grow 2.9% this year. Source link
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Key Fed inflation measure eased in December while consumer spending also declined
The personal consumption price index excluding food and energy for December increased 4.4% from a year ago. Source link
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Fed Governor Waller backs quarter-point interest rate hike at next meeting
The central bank official said during a Council on Foreign Relations event in New York that the Fed can dial
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