Unemployment Nears Prepandemic Level
Federal Reserve officials are tasked with fostering “full employment,” and while it…
Bond Market Unsettled by Inflation Worries
At one point this month, for instance, the S&P 500 had fallen…
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the…
Federal Reserve Walks a Tightrope Between Inflation and Recession
In an interview, James D. Hamilton, professor of economics at the University…
Why the Fed Raised Interest Rates
The Federal Reserve lifted its key interest rate by a quarter of…
As Fed Prepares to Raise Rates, Global Economy Sinks Deeper Into Turmoil
Jason Furman, an economist at Harvard University, said many forecasters had been…
Could Inflation Prompt Powell to Act Like Volcker?
The war in Ukraine threatens to keep costs elevated for longer. Gas…
Federal Reserve Rolls Out Tough Trading Restrictions After Scandal
The Federal Reserve on Friday adopted a new set of ethics rules…
Senate Republicans Stall Crucial Vote on Fed Nominees
President Biden’s plans to reshape the Federal Reserve suffered a setback on…
