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Fed Chair Jerome Powell testifies on Capitol Hill tomorrow and Wednesday. President Biden is set to release a budget outline on Thursday, and we get February jobs numbers this Friday.
In her book “Limitless,” New York Times reporter Jeanna Smialek asks how the Fed arrived at this powerful state.
CPI looked like it was heading in the right direction — that of lower inflation — at the end of 2022. Is that trend going to continue?
The increase is smaller than previous rate hikes but marks the Fed’s eighth hike since March in its fight to tame inflation.
There’s not much evidence to suggest that 2% leads to economic magic.
About 225,000 filed unemployment claims last week. The public soured on the Fed the last time it jacked up interest rates to quell inflation.
The central bank watches for signs of wage inflation because it can drive price inflation.
Some economists and policy advisers fear that the Federal Reserve’s rapid hikes could tip the global economy into a painful recession.
Influencer Kyla Scanlon talks about the art of making TikToks on macroeconomics and her battles with algorithms and attention spans.
The U.S. is seeing some moderation in energy and food prices. That’s not case overseas.