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It all dates back to the financial crisis of 2008-09.
The strategy is aimed at tightening credit and easing inflation. Purdue’s Cathy Zhang worries about the effects on financial markets.
For monetary officials, the personal consumption expenditures gauge beats the CPI. A trip to the grocery store helps explain why.
Selling the Treasury and mortgage-back bonds on its balance sheet helps the central bank raise interest rates.
There’s still a lot of recovery to go, and financial ground to make up – for small businesses, especially, according to new analysis.
The Fed has a dual mandate to control inflation as well as unemployment, unlike other central banks.
Mnuchin said that he is requesting that the Fed return to Treasury the unused funds appropriated by Congress for operation of the programs.
It seems that Shelton’s chances at joining the Federal Reserve’s Board of Governors are narrowing.
The central bank made a policy U-turn in 2019, cutting interest rates. Neel Kashkari says that’s a good thing.
Here’s why long-term interest rates don’t always move with the Fed.