Search
Tag: Federal Reserve System
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a…
The Fed Wants to Fight Inflation Without a Recession. Is It Too Late?
The Federal Reserve is poised to set out a path to rapidly withdraw support from the economy at its meeting…
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its…
As Fed Prepars to Raise Rates, Global Economy Sinks Deeper Into Turmoil
Jason Furman, an economist at Harvard University, said many forecasters had been doing what investors sometimes refer to as “pricing…
Could Wages and Prices Spiral Upward in America?
As prices for products including gas, steaks, bacon and camping equipment climb rapidly, eating into paychecks and dominating headlines, consumers…
Senate Republicans Stall Crucial Vote on Fed Nominees
President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on…