Sheila Bair Plans to Step Down as Fannie Mae Chair Next Month
Sheila Bair, a former bank regulator known for her vocal critiques of Wall Street, is stepping down as chair of mortgage giant Fannie Mae.
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Democrats Accuse Oil Executives of ‘Profiteering’ as War Strains Supplies
Congressional Democrats excoriated executives from some of the world’s biggest oil companies, accusing them of exploiting the war to reap windfall.
Bullard: Improvement in Labor Force not Happening Fast Enough to Ease Inflation
The U.S. labor force is not increasing fast enough to help with the Fed's immediate battle with inflation, St. Louis Fed president James Bullard said.
Fed’s Harker Expects Series of ‘Deliberate, Methodical’ Rate Hikes
Philly Fed. Bank Pres. P. Harker said inflation “far too high” steady interest-rate increases, balance sheet reduction should reduce price pressures.
Markets Bet on Sharpest Pace of Fed Tightening Since 1994
Money-market traders are betting the Federal Reserve is heading for its most aggressive monetary policy tightening in almost three decades.
Brainard Says Fed to Shrink Balance Sheet Rapidly as Soon as May
The Federal Open Market Committee “will continue tightening monetary policy methodically through a series of interest rate increases.
Fed’s Williams Sees Sequence of Steps to Raise Rates to Neutral
Fed Reserve of NY President John Williams said officials should raise interest rates to more normal levels to curb inflation.
