Chair of the Federal Reserve & Health care
American government office
High interest rates, rising inflation: The economy still isn’t normal: The improbable picture seems to guarantee that the Federal Reserve won’t be ready to lower ...
washingtonpost.com/business/2024/04/11/fed-inflation-economy-rates/
How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
thehill.com/homenews/4581122-how-immigration-is-helping-the-economy-defy-expectations/
Rates in 2024: Markets React as Powell's Fed Stays Course: The Fed chief has been reluctant to make a call on how the US economy has changed since the ...
bloomberg.com/news/articles/2024-03-17/rates-in-2024-markets-react-as-powell-s-fed-stays-course
Paid articlePaid
Fed Reluctant to Say How the US Economy Has Changed: Big Take
bloomberg.com/news/newsletters/2024-03-18/fed-reluctant-to-say-how-the-us-economy-has-changed-big-take
Amid forecast shift, Fed's Powell flags uncertainty over longer-run outlook: Federal Reserve officials on Wednesday nudged up the level estimated for their ...
reuters.com/markets/us/amid-forecast-shift-feds-powell-flags-uncertainty-over-longer-run-outlook-2024-03-20/
US wholesale prices picked up in February in sign that inflation pressures remain elevated
apnews.com/article/inflation-wholesale-prices-consumer-federal-reserve-rates-b0456bd9bdc0cfdb5945f443ff75d865
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
As Hershey battles cocoa costs, chocolate lovers may help cool inflation: The company’s response to the historically high cost of cocoa, the main ingredient in ...
washingtonpost.com/business/2024/03/12/inflation-chocolate-prices-grocery-cost/
Rent is driving inflation. But there’s something off in the data.: There’s a growing disconnect between what shows up in official reports and what’s happening on ...
washingtonpost.com/business/2024/03/03/rent-cpi-housing-fed/
Inflation isn't really the problem. Housing is: The Federal Reserve is keeping interest rates high to tame price growth. But it's a shortage of homes in ...
latimes.com/opinion/story/2024-03-08/inflation-housing-shortage-economy-cpi-fed-interest-rate
Quick Glance: Housing Market: Powell Warns of Persistent Shortage
- Speaking before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated that the U.S. housing market is undersupplied and will continue to be so in the years to come.
- Powell emphasized that the housing shortage is due to structural issues such as zoning difficulties and challenges in obtaining labor and materials for builders.
- He further explained that even as mortgage rates normalize, there will still be a nationwide housing shortage as many individuals are not moving due to low mortgage rates, resulting in a limited supply of available homes.
- Powell also addressed the challenges in the commercial real estate sector, specifically in the office segment, and how this could impact banks. He highlighted the likelihood of more bank failures in the coming years, particularly among small and medium-sized banks grappling with issues in the commercial real estate sector.
U.S. inflation sees slight decline but remains above Fed target: The costs of physical goods, including clothing, used cars and prescription drugs ...
pbs.org/newshour/economy/u-s-inflation-sees-slight-decline-but-remains-above-fed-target
How the Fed's war on inflation has frozen the housing market: The Federal Reserve aggressively hiked interest rates to lower inflation during the pandemic ...
businessinsider.com/how-do-interest-rate-hikes-impact-housing-market-rent-mortgages-2024-3
Paid articlePaid Federal Reserve on track to cut rates this year, Powell says: Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on ...
apnews.com/article/federal-reserve-powell-inflation-prices-rates-cuts-e2d17c4ef6502e95d52f78759fa512b4
Quick Glance: Federal Reserve Plans Interest Rate Cuts Amid Lower Inflation and Strong Economy
- Federal Reserve plans to cut interest rates three times this year, starting as early as May
- Chair Jerome Powell emphasizes strong job market and economy, with no signs of a recession
- Nearly all 19 members of the Fed's policy-setting committee agree on rate cuts due to cooling inflation
- Powell admits the Fed misjudged the duration of inflation and moved too slowly to respond
What’s to blame for high home prices? Fed Chair Powell says ‘there hasn’t been enough housing built’
fastcompany.com/91021584/housing-market-home-prices-fed-chair-powell
US economic expansion likely hinges on a nimble Fed this time: It took a stock market crash, a housing crash and a pandemic to kill the last three U.S ...
reuters.com/markets/rates-bonds/us-economic-expansion-likely-hinges-nimble-fed-this-time-2024-01-29/
The risk of premature central bank celebrations on inflation: Fed should look through any temporary weakness in price growth arising as supply chain distortions ...
ft.com/content/509fee87-3c4b-46c1-9765-c0e0a5e2b0da
CPI Inflation Comes In Hot, Denting Fed Rate-Cut Hopes: The Fed's key inflation rate won't match the hot CPI reading after PPI data showed tame health ...
investors.com/news/economy/cpi-inflation-comes-in-hot-in-setback-for-fed-rate-cut-hopes-sp-500-futures-waver/
Quick Glance: Inflation and Your Money: What You Need to Know
- Inflation continues to slow, straining US households since early 2021.
- Estimate: Annual inflation rate to rise from 3.1% to 3.2% in December.
- Consumer price index well above the Federal Reserve’s 2% goal.
- Income and purchasing power have kept pace with inflation, according to Mark Zandi, chief economist of Moody’s Analytics.
Central banks should not rush into rate cuts: IMF | kuwaittimes: Central banks should not rush into rate cuts: IMF - Business - WASHINGTON: The IMF sees a ...
kuwaittimes.com/article/10813/business/central-banks-should-not-rush-into-rate-cuts-imf/
Fed’s ‘Doomsday Book’ shows Congress has given it too much leeway: What this internal ‘Doomsday Book’ reveals is the Fed’s institutional hubris and its ...
thehill.com/opinion/finance/4379049-feds-doomsday-book-shows-why-congress-needs-to-make-monetary-policy/
The Fed gives in to the clamour for looser money: Its doveish policymaking looks premature—and leaves Europe’s central banks in an awkward spot
econ.st/481xUez
Federal Reserve On Cusp Of What Some Thought Impossible: Defeating Inflation Without Steep Recession
huffpost.com/entry/ap-us-federal-reserve-inflation-beaten_n_657e0abbe4b0e142c0bde3e1
The Recession That Never Came: How the U.S. Economy Avoided the Foretold Downturn in 2023
finanzen.net/nachricht/aktien/starke-verbrauchernachfrage-die-rezession-die-nie-kam-wie-die-us-wirtschaft-2023-den-angekuendigten-abschwung-verhinderte-13150039
Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs: The U.S. Federal Reserve's pledge in 2020 to sustain "broad-based and inclusive" ...
reuters.com/business/finance/did-pandemic-central-banking-work-fed-review-eye-inflation-jobs-tradeoffs-2023-12-01/
Exclusive: Over 2,500 young adults signal interest in part of Biden's "Climate Corps"
axios.com/2023/12/01/biden-climate-corps
Meet The New Bond, Same As The Old Bond?: The rally in bonds to close out 2023 reflects the US Federal Reserve's validation of beginning a rate-cutting cycle in ...
seekingalpha.com/article/4659412-meet-the-new-bond-same-as-the-old-bond
Paid articlePaid
The Fed’s Remarkable Feat | by J. Bradford DeLong - Project Syndicate: J. Bradford DeLong argues that the US central bank has managed to humble hawkish and ...
project-syndicate.org/commentary/fed-monetary-policy-near-perfect-humbling-for-commentators-on-all-sides-by-j-bradford-delong-2023-12
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