Source: EconomyThe potential clash over the Fed’s plans to tighten monetary policy could be a harbinger…
Categorie: Politico.com – Economy
Powell was called on to save the economy. His next challenge will be even tougher.
Source: EconomyHeightened frustration among Americans about soaring prices is fueling congressional pressure on the Fed chief…
U.S. unemployment claims drop to 198,000
Source: EconomyThe four-week average, which smooths out week-to-week volatility, fell to just above 199,000, the lowest…
Despite supply issues and Omicron, holiday sales rise 8.5%
Source: EconomyThe results, which covered Nov. 1 through Dec. 24, were fueled by purchases of clothing…
Fed clears path for multiple rate hikes during election year as prices surge
Source: EconomyThe Fed plans to cease its bond buys entirely by March, rather than its earlier…
Health spending growth more than doubled in first year of pandemic
Source: EconomyNearly the entire increase came from the burst of federal spending as the government mobilized…
Inflation accelerates at lightning pace in new setback for Biden
Source: EconomyCosts for key goods and services soared 0.8 percent for the month and 6.8 percent…
Opinion | How Returning to Office Work Is Impoverishing the Middle Class
Source: EconomyThe middle class is facing serious economic hardship with little of the workplace flexibility now…
Powell: Fed may pull back economic support more quickly as prices spike
Source: EconomyPowell’s comment came after the Fed already announced earlier this month that it would slow…
Why Biden picked Powell
Source: EconomyIn the end, President Joe Biden did what many close to him expected: He took…