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Fed staff sees a recession as a clear possibility, minutes of May meeting show
The staff of the Federal Reserve reported to the central bank's leadership that the risk of a recession was high, according to the minutes of the Fed's May 6-7 meeting. "The staff viewed the possibility that the economy would enter a recession to be almost as likely as the baseline forecast,
Federal Reserve officials were worried about the possibility that higher inflation resulting from the White House trade ...
The Federal Open Market Committee (FOMC) will release the Minutes of its May 6-7 meeting on Wednesday. Back then, ...
You’ve gotta feel bad for Federal Reserve Chairman Jerome Powell. Since he took over, he’s had to manage the American economy ...
Federal Reserve Bank of New York President John Williams said pandemic-era price shocks changed American consumers’ inflation ...
They must soon decide whether tariffs will push money market rates above or below market expectations — and place their bets.
Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.
The S&P 500 and Nasdaq Composite each edged up 0.3%, while the Dow Jones Industrial Average gained 101 points, or 0.2%, ...
Two Federal Reserve District presidents discussed the importance of community banks and what the Fed and other federal ...
The latest Consumer Price Index report for April showed a slowing in inflation to 2.3% year over year, the lowest rate in ...
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