Search
Tag: Interest Rates
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…
Inflation May Have Peaked. The Fed Needs to Step Gingerly.
In short, it might be helpful to reframe the C.P.I. news.Newspapers could quite accurately have run this much duller headline:…
Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.
The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden administration’s attempts…
Fed Officials Make It Clear: This Time Is Different
Federal Reserve officials are preparing to pull back their economic help as inflation remains stubbornly high and the labor market…