Raphael Bostic warned on Monday that a premature Fed cut could spark an economic boom that would send inflation higher again.
Tag: Federal Reserve
Carney on Kudlow: Biden Administration ‘Undermining’ Fed Attempt to Bring Down Inflation
Breitbart Economics Editor John Carney said Thursday on Fox Business Network’s “Kudlow” that the Biden administration is undermining the Federal Reserve’s attempts to bring down inflation.
‘Super Core’ Inflation Soared In January, Worst In Nearly Two Years
Super core inflation exploded higher in January.
Breitbart Business Digest: Waller Sees Clear Waters, Steady as She Goes
Fed Governor Christopher Waller argues that there is no reason to fear that we are sailing into a recession, which is the thing that usually prompts rate cuts from the Fed.
Jobless Claims Plunge To 201,000, Creating Further Doubts About Rate Cuts
There’s no sign of cooling in the labor market, putting rate cuts into doubt.
Breitbart Business Digest: What the Fed Could Learn from Jane Austen
The decision of the Fed to start cutting interest rates bears a strong resemblance to the decision to marry. It can be reversed but only with a great deal of awkwardness, some economic difficulty, and often a reputational cost.
Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset
A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitco…
Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, t…
Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, t…
Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, t…