Fed 'Absolutely' Has to Speed Up Inflation Fight: Wharton's Siegel
The Fed is "very much behind the curve' on inflation, Jeremy Siegel, prominent finance professor at the Wharton School, says.
The Fed is "very much behind the curve' on inflation, Jeremy Siegel, prominent finance professor at the Wharton School, says.
Major struggle lies ahead in coming month in U.S. Senate. Democrats can't lose any votes within party if they are to send Build Back Better to Biden.
We've heard from progressives a desire to raise taxes on billionaires and millionaires, now have opportunity to do that, it's proving very difficult.
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to speed up its removal of monetary stimulus.
Frustration runs among progressives eager for Fed to crack down on Wall Street and step up efforts to tackle climate change & community lending rules.
The Fed is facing the most difficult period in its history. The thorny topics crowding the Fed chair’s inbox run the gamut and the stakes are high.
President Biden renominated Powell as Fed chief ending weeks of speculation on topic. Biden also nominated Lael Brainard to position of vice chair.