How the Fed Steers Interest Rates to Guide the Entire Economy | WSJ – Wall Street Journal

How the Fed Steers Interest Rates to Guide the Entire Economy | WSJWall Street Journal

The Fed Was Slow to Address Inflation. Can Jay Powell Catch Up?

During the first year of the pandemic, Federal Reserve Chairman Jerome Powell earned a reputation as a monetary dove, rolling out innovative policies aimed at preventing a financial and economic meltdown. Today, he is changing into a hawk willing to be equally improvisational to tame inflation, now running at a 40-year high of 7.5%.

Fed aims to clamp down on inflation with rate hikes. Will it work? – PBS NewsHour

Fed aims to clamp down on inflation with rate hikes. Will it work?PBS NewsHour The Fed is getting ready to raise interest ratesCNN Fed holds rates at near zero, tees up interest rate increase to source inflationYahoo Finance The Fed’s Fledgling Inflation HawksThe Wall Street Journal Will the Fed repeat the mistakes of the Great … Read more