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If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is once again produced in the form of market goods and labor. The Fed produces neither, which is yet another comment that the Fed’s ability to influence economic activity is well overstated.
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
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