#FederalReserve Chair Jerome Powell raised the possibility of additional monetary policy conditions in the central bank’s fight against inflation, warning that prices remain too high.
https://www.ntd.com/powell-warns-fed-may-continue-to-raise-interest-rates-as-inflation-too-high_938310.html

The #FederalReserve’s preferred #inflation indicator climbed, marking the second consecutive inflationary measure to increase in the past month and revealing that the fight against inflation isn’t over. Incomes also slowed while spending surged, suggesting that the U.S. economy could be on the brink of stagflation, an environment of high prices and stagnating growth. https://www.ntd.com/federal-reserves-key-inflation-measure-jumps-incomes-slow_939370.html

#FederalReserve Chair Jerome Powell has said that the Fed can add pressure to financial conditions in order to battle #inflation, and that such measures wouldn’t hurt the economy that much. In his reasoning, he cited a “solid” economy and “strong” job growth. However, NTD heard an alternative perspective on this from Jeffrey Tucker, an Epoch Times senior columnist and the founder of the Brownstone Institute.https://www.ntd.com/fed-chair-powell-says-inflation-can-be-tamed-without-straining-economy-but-is-that-true_945331.html

Fed Chief Says Inflation is Too High; Board "Moving Carefully" on Monetary Policy
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The #FederalReserve left #InterestRates unchanged at the November Federal Open Market Committee (FOMC) policy meeting, keeping in line with economists’ expectations.
https://www.ntd.com/federal-reserve-leaves-interest-rates-unchanged-as-officials-monitor-conditions_951625.html

#FederalReserve Chair Jerome Powell is “not confident” that the central bank has done enough to eradicate #inflation from the U.S. economy, he stated in a prepared speech. https://www.ntd.com/fed-not-confident-inflation-policy-restrictive-enough-powell_953519.html

The #FederalReserve left #InterestRates unchanged at a range of 5.25 percent and 5.50 percent at the final Federal Open Market Committee (FOMC) policy meeting of December. https://www.ntd.com/fed-keeps-interest-rates-unchanged-predicts-three-rate-cuts-next-year_960277.html

Economists say the #FederalReserve is done hiking #InterestRates. So what does that mean for the economy overall and for your personal finances? NTD speaks to Vance Ginn, the president of Ginn Economic Consulting and former chief economist at the Office of Management and Budget, who says Americans should expect lower mortgage and car loan rates in 2024 with a good chance the Fed will cut rates. https://www.ntd.com/expect-lower-mortgage-car-loan-rates-in-2024-as-fed-may-cut-rates-economist_963618.html

#FederalReserve officials do not believe it is appropriate to reduce interest rates until there is greater confidence inflation is heading toward the central bank’s target, as some policymakers warned progress on inflation could stall.
https://www.ntd.com/fed-cautious-about-cutting-rates-too-soon-as-inflation-progress-could-stall-minutes_974702.html

The #FederalReserve’s preferred #inflation measurement rose, leading to broader concerns that the progress on the fight against inflation has stalled or might signal that another wave of price pressures could happen.
https://buff.ly/3vwH1WC

The #FederalReserve’s preferred #inflation gauge surged at a higher-than-expected pace, highlighting the persistent struggle to return inflation to the central bank’s 2 percent target. https://www.ntd.com/feds-preferred-inflation-gauge-tops-estimates-as-price-stability-progress-stall_988812.html

The #FederalReserve said it would leave #InterestRates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier part of the year warning of this shift.
https://www.ntd.com/feds-nervous-about-running-balance-sheets-down-too-far-too-fast-financial-expert_990163.html

Rep. #ThomasMassie (R-Ky.) has introduced legislation to end the #FederalReserve, the U.S. central bank responsible for managing the country’s financial and banking system. https://www.ntd.com/gop-lawmaker-introduces-bill-to-abolish-the-federal-reserve_993814.html