Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump
Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market -- at least not yet.
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Fed’s George Says ‘Rough’ Market Won’t Alter Rate Hike Plan
Fed raised interest rates by 50 basis points this month and Chair J. Powell signaled on track to make similar-sized moves at June and July meeting.
Fed Has ‘Good Plan’ With Its Half-Point Rate Hikes, Bullard Says
Federal Reserve Bank of St. Louis President James Bullard said he supports the central bank’s plan to raise interest rates in half-percentage-point.
Ben Bernanke Helped the U.S. Recover After 2008 and Now Sees Huge Warning Signs on Inflation, Stagflation and Student Debt
Former Fed Reserve Chair Ben Bernanke said U.S. central bank’s decision to delay response to highest inflation rates in four decades “was a mistake.”
Fed’s Mester Backs Half-Point Rate Hikes in June and July
Fed Res. Bank of Cleveland Pres. Loretta Mester backed raising interest rates by half percentage points at central bank’s next two policy meetings.
Scrutiny of Elon Musk’s Twitter Moves Intensifies in Washington
Musk’s bid to buy Twitter Inc. facing more scrutiny in Washington following a report that the US SEC is probing whether he broke rules.
Inflation, Ukraine War Seen as Chief Financial Risks - Fed Report
Report cautioned, while the stress - has not been as extreme as in some past episodes, the risk of a sudden significant deterioration appears higher.
