Federal Reserve - Page 34

Politico reports progressives within the Biden admin are frustrated by the president's messaging on inflation

July 7, 2022

Politico reports progressives within the Biden admin are frustrated by the president's messaging on inflation

Politico published a piece Thursday that highlighted disagreement within the Biden administration over how to best handle inflation.

Politico reports 'recession talk surges' from Washington to Wall Street despite Biden's reassurances

July 5, 2022

Politico reports 'recession talk surges' from Washington to Wall Street despite Biden's reassurances

Despite President Joe Biden's repeated reassurances, talk of a recession is surging in Washington and on Wall Street, Politico reported Monday.

Fed Chair Jerome Powell draws criticism for admitting ‘how little we understand about inflation’

June 30, 2022

Fed Chair Jerome Powell draws criticism for admitting ‘how little we understand about inflation’

U.S. Federal Reserve Chairman Jerome Powell received criticism for his comments Wednesday during an interview with Bloomberg Editor at Large Francine Lacqua.

Andrew Ross Sorkin: Janet Yellen, Fed 'got it wrong' on inflation, were 'a little political' in their response

June 27, 2022

Andrew Ross Sorkin: Janet Yellen, Fed 'got it wrong' on inflation, were 'a little political' in their response

During an episode of the New York Times' "Sway" podcast, Andrew Ross Sorkin criticized Treasury Sec. Janet Yellen and Fed. Chairman Jerome Powell for getting inflation wrong.

Economic expert argues Fed is responsible for curbing inflation: 'They need to get their act together'

June 23, 2022

Economic expert argues Fed is responsible for curbing inflation: 'They need to get their act together'

Allianz Chief Economic Adviser Mohamed El-Erian comments on skyrocketing inflation and asserts the Fed has to do a better job at 'containing' rising costs.

Sen. Menendez presses Fed Chair Jerome Powell on diversity among bank presidents, gets slammed on Twitter

June 22, 2022

Sen. Menendez presses Fed Chair Jerome Powell on diversity among bank presidents, gets slammed on Twitter

Journalist Tom Elliott slammed Sen. Bob Menendez, D-N.J., over him pressing Fed Chair Jerome Powell about diversity of bank presidents during a recent hearing.

Varney says crypto, stock market values not coming back anytime soon: 'Massive wealth destruction'

June 21, 2022

Varney says crypto, stock market values not coming back anytime soon: 'Massive wealth destruction'

FOX Business host Stuart Varney told "Fox & Friends" on Tuesday that he does not see how cryptocurrency, which lost $2 trillion in value, makes a comeback in the market.

Dave Ramsey: Gas prices, inflation show left-wing socialist policies don't work

June 16, 2022

Dave Ramsey: Gas prices, inflation show left-wing socialist policies don't work

Personal finance expert Dave Ramsey said a political 'bloodbath' in the 2022 midterms could force the White House adjust their approach to the economy.

Former Obama Treasury adviser in New York Times: ‘The Fed should make amends for its mistakes’

June 15, 2022

Former Obama Treasury adviser in New York Times: ‘The Fed should make amends for its mistakes’

Steven Rattner, who worked at the Department of Treasury during the Obama presidency, criticized the U.S. Federal Reserve for being slow to act on inflation.

Fed rate hike will have 'devastating' impact on consumers, former Home Depot CEO warns

June 15, 2022

Fed rate hike will have 'devastating' impact on consumers, former Home Depot CEO warns

Bod Nardelli advises strategies to combat the consequences of the Federal Reserve rate hike to cool inflation and issues a dire warning for Americans.