Powell May Lay Out Carpet for New Era of Higher Rates Later This Week
Powell set to potentially deliver fresh clues on monetary policy this week. Worries are he may tee up idea of steeper longer-term interest rates.
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The Strong US Economy is Adding 'Upside Risks' to Inflation
2023 economic story has centered around declining inflation coinciding with stronger-than-expected economic growth leading to US skirting recession.
Fed Done Hiking; Slim Majority of Economists Say no Rate Cut Through March
The U.S. Fed is likely done raising interest rates, according to a strong majority of economists polled by Reuters.
Not All Fed Officials Wanted to Raise Interest Rates in July, Minutes Show
Most members of the Fed were concerned at their last meeting about "significant upside risks" to inflation.
Biden Unveils Plans to Screen US Investments in China
President Biden has signed an executive order designed to prohibit Americans from investing in some Chinese companies.
Fed’s Williams Says He Sees Restrictive Rates for Some Time
Federal Res of NY Pres. John Williams sees need to keep US monetary policy restrictive for some time. Interest-rate cuts may be warranted next year.
Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day after it cut the US sovereign credit rating.
