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US

Fed’s Barr: Concerned about blowback to financial system from crypto

BY Reuters  • November 15, 2022November 15, 2022
By Ann Saphir and Dan Burns (Reuters) -Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector, including cryp[...]
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Business Economy Updated US

Fed’s tighter monetary policy hasn’t dented inflation yet, Bostic says

BY Reuters  • November 15, 2022November 15, 2022
By Ann Saphir (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S. central bank’s aggressive monetary policy tightening is slowing in[...]
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Business Economy Updated US

Slowed producer prices another plus for Fed’s inflation fight

BY Reuters  • November 15, 2022November 15, 2022
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation m[...]
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Business Economy US

Fed’s Harker: better to pause rate hikes at the right time than risk overtightening

BY Reuters  • November 15, 2022November 15, 2022
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on a path back down toward the central bank[...]
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Business Economy US

Oct PPI adds to relief over cooling US inflation

BY Reuters  • November 15, 2022November 15, 2022
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% la[...]
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Business Economy US

Fed focused on addressing ‘much too high’ inflation: Cook

BY Reuters  • November 15, 2022November 15, 2022
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and elec[...]
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Business Economy US
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