The Fed made it clear that it is tracking incoming labor figures as it figures out how high interest rates need to go.
Tag: Powell, Jerome H
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Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
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The Fed Raises Rates a Quarter Point and Signals More Ahead
America’s central bank has shifted into a new phase, raising rates more slowly as inflation shows signs of moderating.
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Stock Market’s Newfound Optimism Faces Test as Fed Meets
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.