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The quarterly report gives clues about how members of the Federal Open Market Committee see the economy and what future steps they might take.
Consumers facing high energy prices and other burdens may cut back on spending, cooling the economy but, the Fed hopes, not sending it into recession.
That could be a sign that the Fed’s interest rate hikes are working and the economy is cooling.
Here’s why the last part of getting to that 2% inflation target might be like trying to lose that last 10 pounds.
In 2022, Powell warned of painful moves to get inflation under control.
There are only so many options. Ideally, they don’t include a boom or a bust.
Dissent on interest rate decisions might send mixed messages to Wall Street about where the economy is headed.
S&P Global’s investment manager index survey says most sectors are losing favor with investors. What’s going on?
Goldman Sachs economists predict rate reductions next year based on declining inflation, which would make high rates unnecessary.
The investor and college president calls the Fed’s stance backward-looking and worries that more rate hikes may lead to a recession.