Federal Reserve System – Page 57

As Debt Limit Threat Looms, Wall Street and Washington Have Only Rough Plans

A default is likely to rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.

The fact that consumer prices fell isn’t entirely a good thing for the Federal Reserve.

Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.

Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.