The best way to fix Americans’ cost-of-living problem is to give workers bigger raises, Federal Reserve Chair Jerome Powell said last week.
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with ...
The Fed risks losing control of the inflation narrative as consumer and market-based inflation expectations rise sharply. February saw significant jumps in consumer inflation expectations, with the ...
LONDON, Sept 17 (Reuters) - Inflation control is a key measure of the Federal Reserve’s performance in any cycle, and U.S. President Donald Trump has made it clear he thinks Chair Jay Powell’s team ...
The Fed is prioritizing low unemployment over controlling inflation, despite inflation being persistently above target for over four years. Powell admits rate cuts would have already occurred if not ...
Inflation remains one of the most pressing economic concerns for Americans because it affects the cost of living, including everything from gas to groceries. With the annual inflation rate in the U.S.