Ex-Fed Official Says Rates of at Least 3.5% Will Be Needed to Slow Inflation
STANFORD, Calif.—A former senior Federal Reserve official said it was likely that the central bank would need to raise its benchmark interest rate over the next year…
Browsing Tag
Richard Clarida
Top Fed official says continued high inflation would be problematic for central bank
A top Federal Reserve official said he expects this year’s surge in inflation to ease as supply and demand imbalances fade over time and that an extended run of higher prices…
Accelerating Inflation Spreads Through the Economy
U.S. inflation accelerated last month and remained at its highest rate in over a decade, with price increases from pandemic-related labor and materials shortages rippling through the…
Fed’s Clarida Affirms Fed Plans to End Bond Purchases by Mid-2022
A senior Federal Reserve official said that he expected elevated price pressures would eventually fade despite a stronger-than-anticipated interval of high inflation…
Elizabeth Warren Calls For SEC to Investigate Federal Reserve Officials’ Trading…
Sen.
Elizabeth Warren
(D., Mass.) asked the Securities and Exchange Commission to investigate whether personal financial investments by senior Federal Reserve…
WSJ News Exclusive | Progressive Opposition to Jerome Powell Clouds His Chances for…
Members of President Biden’s economic team generally support nominating Federal Reserve Chairman Jerome Powell to a second term, but growing resistance from prominent Democrats…