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3232The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
https://www.digit.info/the-fed-is-resolute-on-hiking-interest-rates-tightening-monetary-policy-to-tame-inflation-gold-and-stocks-sink/
Wed, 03 Aug 2022 16:30:28 +0000https://www.digit.info/2022/08/03/the-fed-is-resolute-on-hiking-interest-rates-tightening-monetary-policy-to-tame-inflation-gold-and-stocks-sink/Read more]]>Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is […]
]]>Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
https://www.digit.info/cleveland-fed-president-loretta-mester-is-not-predicting-a-recession-says-inflation-will-move-down/
Mon, 20 Jun 2022 19:30:51 +0000https://www.digit.info/2022/06/20/cleveland-fed-president-loretta-mester-is-not-predicting-a-recession-says-inflation-will-move-down/Read more]]>Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will be moving down.” A 2% […]