Federal Reserve is OK Plunging Economy Into a Recession: Economist
If there needs to be a U.S. recession to bring down inflation to appropriate levels, the Fed would be cool with that, says one Wall Street pro.
If there needs to be a U.S. recession to bring down inflation to appropriate levels, the Fed would be cool with that, says one Wall Street pro.
Federal Reserve Bank of New York President John Williams said interest rates need to rise to around 4.5% over time.
According to a U.S. treasury report US national debt now tops $31 trillion for the first time ever — here's who the country owes.
"We're increasingly worried about central banks making a policy error, and of new geopolitical tail risks," M. Kolanovic, JPMorgan strategist wrote.
Fed critic Jeremy Siegel says U.S. central bank almost deserves failing grade for how it has handled unwinding the extraordinary monetary stimulus.
IRA will send billions of dollars towards efforts ranging from fighting climate change to reducing deficit changing how big corporations pay taxes.
Fed Chair Brainard said bank will keep interest rates high for a time to bring inflation down, acknowledging need to watch global financial-stability.