almost breaking newsoriginal posthttps://www.nytimes.com/2022/07/29/business/economy/neel-kashkari-federal-reserve.html“I’m surprised by markets’ interpretation,” Mr. Kashkari said in an interview. “The committee is united in our determination to get inflation back down to 2 percent, and I think we’re...
The Federal Reserve can keep raising its benchmark rate this year at the fastest pace in nearly 30 years without causing a recession, Atlanta Fed President Raphael Bostic said Monday.cIn a roundtable with...
By Graham Summers, MBA
The Fed is now telling us that it can avoid a recession… or engineer a “soft landing.”
It’s a pretty stunning argument… and it raises questions as to whether the Fed...
With the Fed’s hawkish hammer pounding the financial markets, the selling pressure coincided with events unseen since 2008. Moreover, with the work in progress to reduce inflation poised to push asset prices even...
What the Fed has been trying to do to this point seems more likely an exercise in trying to get an orderly decline in risk assets and tighten financial conditions....
