[ad_1] When spending and employment grow as quickly as they have lately, it normally means inflation pressure is building and the Federal Reserve might have to raise interest rates. But…
Tag: Jerome Powell
The Fed decision on interest rates won’t offer much relief to Main Street businesses
[ad_1] The average monthly credit card expenditure of U.S. small businesses has risen amid the highest interest rate environment in decades, according to Intuit QuickBooks. Access to bank loans has…
Fed Extends Pause on Interest-Rate Hikes but Keeps Door Open to Higher Rates
[ad_1] Updated Nov. 1, 2023 3:52 pm ET WASHINGTON—The Federal Reserve left interest rates unchanged at a 22-year high and signaled rates would remain elevated well into next year to…
Full recap: Fed leaves rates unchanged, Powell discusses December decision
[ad_1] 29 Mins Ago Powell says household and small business balance sheets may be stronger than originally expected Federal Reserve Chair Powell said the strength of consumer and small business’s…
Does Strong Growth Fuel Inflation? Fed Debates Whether Old Model Still Applies
[ad_1] Officials are looking for signs that wages and prices are cooling even as spending and jobs remain robust. [ad_2] Source link
What Can the Fed Do About the Deficit? Nothing
[ad_1] Federal Reserve officials say soaring long-term bond yields are a key factor in the economic outlook and their interest-rate decisions. They also say the swelling federal deficit is one…
High rates are historically bad for bitcoin. Here’s what’s in store for crypto with the 10-year near 5%
[ad_1] High interest rates have not been bitcoin’s friend in the past, and the benchmark 10-year U.S. Treasury yield recently reaching new generational highs comes at an especially inconvenient time…
Jerome Powell Signals Fed Will Extend Interest-Rate Pause
[ad_1] Updated Oct. 19, 2023 4:22 pm ET Federal Reserve Chair Jerome Powell suggested the run-up in long-term Treasury yields could allow the central bank to suspend a historic run…