News Analysis U.S. Federal Reserve chair Jerome Powell spoke bluntly at a highly anticipated annual conference to dispel the assumption that because elevated inflation may have peaked, the Fed could soon pivot from continuing to aggressively hike interest rates. Canada is in the same boat as the United States, and Powell’s words served as a…
Powell’s Warning at Jackson Hole Will Drive Bank of Canada’s Course, Says Economist
Inflation Will Go Nowhere If Government Spending Spree Continues: Study
August 27, 2022
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Central banks including the Federal Reserve will fail to curb inflation unless governments start to be responsible for spending, according to a study presented to central bankers at a Jackson Hole conference in Jackson Hole, Wyoming. The authors of the study, Francesco Bianchi of Johns Hopkins University and Leonardo Melosi of the Chicago Fed, warned…
Inflation Will Increase If Government Spending Spree Continues: Study
August 27, 2022
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Business & MarketsDemocratseconomic policieseconomyExecutive Branchfiscal policyinflationJackson HolePolicies & ImpactsPoliticsstudent loanUSUS News
0 Comment
Central banks including the Federal Reserve will fail to curb inflation unless governments start to be responsible for spending, according to a study presented to central bankers at a Jackson Hole conference in Jackson Hole, Wyoming. The authors of the study, Francesco Bianchi of Johns Hopkins University and Leonardo Melosi of the Chicago Fed, warned…
Markets Brace for Fed Chair’s Speech at Jackson Hole
World stocks and Wall Street futures generally edged higher early Friday as investors await Federal Reserve Chair Jerome Powell’s much-anticipated speech at a symposium in Jackson Hole later in the day, watching for clues when the Fed will begin to roll back some of its crisis support measures for the economy. In early trading, Germany’s…
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