When the Federal Reserve uses interest rate hikes as a blunt tool, American workers are the inevitable casualty.
Tag: Powell, Jerome H
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The Fed’s Preferred Inflation Gauge Cooled Notably in February
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
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Bond Trading May Be Sending a Recession Warning
Wild swings in the Treasury market are unlike anything many investors today had seen. They’re also potentially warning of a recession.