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Fed hold rates steady, casts doubt on March cuts: The Federal Reserve held interest rates steady Wednesday following its first monetary policy meeting of the ...
thehill.com/business/4439921-fed-declines-to-cut-rates-as-inflation-consumer-confidence-improve/
Fed hold rates steady, casts doubt on March cuts
Quick Glance: Labor Cost Data Signals Inflation Improvement
  • Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.

  • The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.

  • ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.

  • The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
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Warren picks up Biden's call to crack down on 'shrinkflation': The Massachusetts Democrat spoke to ABC's "GMA3" about targeting the practice.
abcnews.go.com/Politics/warren-picks-bidens-call-crack-shrinkflation/story
Warren picks up Biden's call to crack down on 'shrinkflation'
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"Economist Isabella Weber has the receipts showing how price-gouging sellers push inflation higher," writes Senator Elizabeth Warren. Show more
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Warren Calls on Fed to Halt Interest Rate Hikes as Inflation Eases: Senator Elizabeth Warren called on the Federal Reserve to halt interest-rate increases as the ...
bloomberg.com/news/articles/2023-07-12/warren-tells-fed-to-take-yes-for-an-answer-and-halt-rate-hikes
Warren Calls on Fed to Halt Interest Rate Hikes as Inflation Eases
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Warren, Sanders, and 10 Others to Powell: Stop Hiking Rates or Risk Terrible Recession
commondreams.org/news/warren-sanders-powell-rate-hikes
Warren, Sanders, and 10 Others to Powell: Stop Hiking Rates or Risk ...
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Federal Reserve Chair Jerome Powell and Sen. Elizabeth Warren went head-to-head Tuesday over the fed's plan to slow the labor market in effort to curb ... Show more

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Senator Warren blasts Fed’s Jerome Powell on banks, rates: Sen. Elizabeth Warren has made it clear she is not a fan of Federal Reserve Chair Jerome Powell ...
foxbusiness.com/politics/senator-warren-blasts-feds-jerome-powell-banks-rates
Senator Warren blasts Fed’s Jerome Powell on banks, rates
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The Tide Goes Out, and Silicon Valley Bank Already Drowned: Imprudent bankers weren’t the only ones who believed the financial waves would never recede.
wsj.com/articles/the-tide-goes-out-and-silicon-valley-bank-already-drowned-risk-fdic-bailout-fed-warren-inflation-interest-rates-f017dd39
The Tide Goes Out, and Silicon Valley Bank Already Drowned
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Warren Calls For 'Landing the Plane Not Crashing It' After Fed Hikes Rate Despite Cooling Inflation
commondreams.org/news/federal-reserve-rate-hike-warren
Warren Calls For 'Landing the Plane Not Crashing It' After Fed ...
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The billionaire cofounder of Home Depot compares the Fed to ‘the gang that can’t shoot straight’ and says the coming crash is ‘not going to be pretty’
fortune.com/2023/03/09/home-depot-cofounder-ken-langone-recession-inflation-fed-interest-rates-mistakes-economy-crisis/
The billionaire cofounder of Home Depot compares the Fed to ‘the gang that ...
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Editorial: Dem spending lit spark that ignited SVB collapse: Financial experts point out that SVB put billions into government bonds when interest rates were ...
bostonherald.com/2023/03/14/editorial-dem-spending-lit-spark-that-ignited-svb-collapse/
Editorial: Dem spending lit spark that ignited SVB collapse
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The Fed hikes interest rates for the 10th time; pause could be next: The Fed raised interest rates by 25 basis points on Monday as it faced calls from Sen ...
businessinsider.com/did-fed-raise-interest-rates-may-pause-hikes-jerome-powell-2023-5
The Fed hikes interest rates for the 10th time; pause could be next
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Elizabeth Warren Rips Fed's 'Extreme' Interest Rates Hike As Anger Grows: The Federal Reserve is expected to raise interest rates twice this year following a ...
newsweek.com/elizabeth-warren-rips-fed-extreme-interest-rates-hike-anger-grows-1775499
Elizabeth Warren Rips Fed's 'Extreme' Interest Rates Hike As Anger Grows
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Warren Wants Fed Vice Chair Pick to Be Tougher on Banks: Senator Elizabeth Warren was focused before the banking turmoil on getting President Joe Biden to name a ...
bloomberg.com/news/articles/2023-03-23/warren-wants-biden-s-fed-vice-chair-pick-to-be-tougher-on-banks
Warren Wants Fed Vice Chair Pick to Be Tougher on Banks
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Financial World Celebrates Slowing Wage and Employment Growth in New Jobs Report: In the debate over American workers’ welfare versus the Federal Reserve’s ...
theintercept.com/2023/01/06/unemployment-inflation-fed-interest-rates/
Financial World Celebrates Slowing Wage and Employment Growth in New Jobs ...
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Elizabeth Warren: Fed's Powell is pushing to get more people fired in inflation fight
businessinsider.com/elizabeth-warren-fed-powell-pushing-more-people-fired-inflation-interest-2022-12
Elizabeth Warren: Fed's Powell is pushing to get more people fired in ...
Quick Glance: The Federal Reserve of the United States lifts the benchmark interest rate by half a percentage point to slightly under 4.5 percent.
  • At the same time, it stated that it will not relent in its fight against inflation.

  • The main interest rate could be above 5% for the entire year of 2023.

  • Second, even with a key rate of somewhat less than 4.5 percent, the cycle is unlikely to be over.

  • To go back to the two percent target, he said he would accept some "macroeconomic pain" - that is, a minor uptick in the extremely low unemployment rate.
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Fed’s Powell spurs backlash from Warren, labor advocates over job losses: A growing coalition of progressives has its own message to the Fed: Stop punishing ...
politico.com/news/2022/11/28/fed-reserve-powell-inflation-jobs-workers-00070535
Fed’s Powell spurs backlash from Warren, labor advocates over job losses
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Lawmakers to Powell: 'How Many Millions Will Be Thrown Out of Their Jobs' Due to Fed Policy?
commondreams.org/news/2022/11/01/lawmakers-powell-how-many-millions-will-be-thrown-out-their-jobs-due-fed-policy
Lawmakers to Powell: 'How Many Millions Will Be Thrown Out of Their Jobs' ...
Quick Glance: The Fed Must Make Tough Decisions As Inflation Continues to Rise and Economic Risks Increase Loom
  • On Wednesday, the Federal Reserve is likely to maintain its fight against the fastest inflation in 40 years by hiking interest rates by three-quarters of a percentage point for the fourth time in a row.

  • The most recent economic predictions from the Fed, given in September, suggested that it may begin next month.

  • Inflation may start to fuel itself.

  • Most Fed policymakers have based the Fed's decision to slow and eventually cease raising interest rates on the level of interest rates rather than what is occurring with inflation.
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Pressure mounts on Fed to slow 'alarming pace' of rate hikes: The central bank is expected to raise rates by another three-quarters of a percentage ...
politico.com/news/2022/11/01/federal-reserve-rate-hike-pressures-00064196
Pressure mounts on Fed to slow 'alarming pace' of rate hikes
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Elizabeth Warren slams the Fed for risking 'pushing our economy off a cliff': 'There is a big difference between landing a plane and crashing a plane'
businessinsider.com/warren-recession-2022-federal-reserve-interest-rates-risking-economy-2022-11
Elizabeth Warren slams the Fed for risking 'pushing our economy off a ...
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Sen. Warren Worried Fed Will ‘Tip This Economy Into Recession’: “Do you know what’s worse than high prices and a strong economy? It is high prices and millions ...
huffpost.com/entry/elizabeth-warren-federal-reserve-tip-economy-recession_n_630be6f3e4b0dc23bbe9acdc
Sen. Warren Worried Fed Will ‘Tip This Economy Into Recession’
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Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation
cnbc.com/2022/07/27/fed-decision-july-2022-.html
Fed hikes interest rates by 0.75 percentage point for second consecutive ...
Quick Glance: The United States' GDP fell at a 0.9% annual rate in the second quarter, raising fears of a recession.
  • For the second quarter in a row, output fell, hampered by rising prices and borrowing rates.

  • Treasury Secretary Janet Yellen stated on Thursday that the United States is experiencing "very significant fiscal drag."

  • The Commerce Department reported Thursday that GDP, a broad measure of goods and services generated across the economy, dropped at an inflation and seasonally adjusted annual rate of 0.9% in the second quarter.

  • Any changes in pricing or terms will be communicated to you in advance.
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Elizabeth Warren says she is 'very worried' Fed is causing a recession: Speaking on CNN's "State of the Union," the senator said she believes Fed Chair Jerome ...
businessinsider.com/elizabeth-warren-worried-federal-reserve-causing-recession-2022-8
Elizabeth Warren says she is 'very worried' Fed is causing a recession
Quick Glance: The rupee recovers from an all-time low of 80.15, but the Sensex falls 816 points as the United States raises inflation fears.
  • He went on to say that containing price increases might necessitate a "sustained period of below-trend growth"

  • Higher lending rates imply more expensive loans for customers, discouraging them from making new investments.

  • This gives consumers more money to deal with price increases in daily necessities.

  • Some of the notable equities that gained were Hindustan Unilever, Nestle India, Maruti Suzuki, and Reliance Industries.
Profile picture of The Hill (newspaper)
Warren: Fed chief threatening ‘surprisingly strong economic recovery’: Sen. Elizabeth Warren (D-Mass.) writes in a new op-ed that Federal Reserve Chairman Jerome ...
thehill.com/homenews/senate/3572744-warren-fed-chief-threatening-surprisingly-strong-economic-recovery/
Warren: Fed chief threatening ‘surprisingly strong economic recovery’
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TAXING TIMES: The progressive senator's idea has received swift blowback from tax experts as a potential conflict of interest. https://fxn.ws/3Qn0Nt1

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Sen. Elizabeth Warren said Sunday she is “very worried” the Federal Reserve’s moves to fight inflation will “tip the economy into recession ... Show more

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Elizabeth Warren says aggressive Fed rate hikes risk recession for US: The fast pace of big rate hikes could "pitch this economy into a recession ...
markets.businessinsider.com/news/bonds/elizabeth-warren-federal-reserve-rate-hikes-recession-aggressive-economy-inflation-2022-7
Elizabeth Warren says aggressive Fed rate hikes risk recession for US
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The Fed is "strongly committed" to bringing inflation back down, Chair Powell says. cnb.cx/3zF1s33
Quick Glance: The Federal Reserve of the United States raises interest rates by 75 basis points to combat inflation.
  • Get more articles every month.

  • In an interview with CTV News on Wednesday, Bank of Canada Governor Tiff Macklem recognized that the central bank's credibility has been questioned.

  • The European Central Bank increased its benchmark deposit rate by 50 basis points to zero percent, exceeding its own projection for a 25 basis point increase as it joined global counterparts in raising borrowing costs.

  • The Bank of Canada raised rates by a full percentage point earlier this month, and the European Central Bank startled with a larger-than-expected half-point increase, its first in more than a decade.
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Sens. Sanders, Warren set to give billionaires free pass after years of knocking tax loopholes for wealthy
foxnews.com/politics/sanders-warren-likely-vote-manchin-backed-bill-years-knocking-loopholes-wealthy
Sens. Sanders, Warren set to give billionaires free pass after years of ...
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Warren Warns Powell That Fed's Rate Hikes Could Drive US Economy 'Off a Cliff': "You know what's worse than high inflation and low unemployment? It's high ...
commondreams.org/news/2022/06/22/warren-warns-powell-feds-rate-hikes-could-drive-us-economy-cliff
Warren Warns Powell That Fed's Rate Hikes Could Drive US Economy 'Off a ...
Quick Glance: Stock market today: US futures rise, while oil falls following Powell's remarks
  • US futures climbed, but global markets sank after Fed Chairman Powell reignited recession fears, while oil prices fell further due to supply concerns.

  • Global stocks decreased overall, with the MSCI World Index falling 0.24%.In Europe, stocks dipped early in the morning after preliminary Eurozone PMI data showed the economy contracting as inflationary pressures mounted.After trading below $104 early in the afternoon, WTI crude fell 0.7% to $105.48 per barrel.
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Economists Warn More Fed Rate Hikes Would 'Push Millions Out of Work': In the wake of a higher-than-anticipated inflation reading, experts implored the Federal ...
commondreams.org/news/2022/07/13/economists-warn-more-fed-rate-hikes-would-push-millions-out-work
Economists Warn More Fed Rate Hikes Would 'Push Millions Out of Work'
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Bernie Sanders, Elizabeth Warren, and other Democrats want to pay retirees an additional $2,400 in their Social Security checks — by raising taxes on the ...
businessinsider.com/sanders-warren-plan-boost-social-security-checks-2022-6
Bernie Sanders, Elizabeth Warren, and other Democrats want to pay retirees ...
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Global inflation woes

Rate hikes would put people out of work: Democratic US Senator Elizabeth Warren

WION brings you this report

... Show more

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Biden’s Post-Midterms Pivot Could Start at Treasury: Janet Yellen has become a face of the inflation problem. Gina Raimondo is rumored in D.C ...
nymag.com/intelligencer/2022/06/bidens-post-midterms-pivot-could-start-at-treasury.html
Biden’s Post-Midterms Pivot Could Start at Treasury
Quick Glance: Joe Biden: Inflation is a "Fluch unserer Existenz"
  • The US President will undoubtedly counter-tax through compensatory measures.

  • The high prices for alcoholic beverages and foodstuffs, according to Biden, will most likely be offset by new laws that reduce the costs of prescription drugs and child care.

  • "Wir gehen davon aus, dass die Inflationsrate steigen wird" White House Press Secretary Karine Jean-Pierre said to reporters on board Air Force One on Tuesday, according to reports.