November 15, 2022 | Daily Business Review
Fed Seen Sticking With Higher Peak Rate Despite Cooler InflationFederal Reserve officials remain resolute to continue their fight against inflation and not prematurely halt rate hikes in order to ensure a return to the 2% target, even as they acknowledge the economy could suffer pain and a possible recession.
By Steve Matthews and Sarina Yoo
4 minute read
September 16, 2022 | Daily Business Review
Fed Seen Raising to 4% in 2022, Signaling Higher for LongerFederal Reserve Chair Jerome Powell has been vague about how high interest rates might go and in July said the Fed would make policy "meeting by meeting."
By Steve Matthews and Sarina Yoo
5 minute read
September 06, 2022 | Daily Business Review
Fed's Long-Sought Neutral Goal Proves Elusive, Moving TargetMost Federal Reserve leaders have suggested that they would be willing to err on the side of a too-tight policy to ensure bringing down inflation and avoid an undesirable rise in inflation expectations that could be hard to reverse later on.
By Steve Matthews and Sarina Yoo
5 minute read
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