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U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is ...
Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," ...
Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Rates are higher because inflation could be more unpredictable ... Those changes will factor into the Fed’s new strategy, Powell said. “The economic environment has changed significantly ...
Since then, the economic landscape has shifted. The latest GDP and inflation data points toward either a growth recession or ...
The second change, Powell said, is likely to come from the 2020 strategy that the Fed would tolerate some inflation above its 2% target to make up for earlier undershoot. Sal Guatieri, senior ...
Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the ...
Caution around inflation is one reason the Fed has been cautious about drawing ... His comments point to possibly extensive revisions to a strategy that had been viewed at its inception as a ...
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