Federal Reserve Bank of Atlanta President Raphael Bostic is seeking to dial down the enthusiasm over a potential rate cut by the central bank next month, arguing there was no rush for such an action. Reuters reported that Bostic used a speech in Atlanta to declare he...
In the wake of Federal Reserve Chairman Jerome Powell’s announcement that the central bank was ready to begin cutting interest rates, Sen. Elizabeth Warren (D-MA) is demanding a 75-basis-point slash. In a speech on Friday, Powell declared, “The time has come for...
Federal Reserve Chairman Jerome Powell has given his clearest signal that central bank is ready to cut interest rates in September. In a speech delivered today at an economic symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming,...
While Jerome Powell’s Federal Reserve continues to debate whether to cut rates, two central banks in Europe are already witnessing economic progress from their respective rate cuts. The Bank of England’s first rate cut in four years sparked a renewed interest in...
Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted from a recent speech delivered during theGlobal Interdependence Center’s Central Banking Series at Banque de France in Paris. By the first quarter of 2022, the Fed’s...
FBI Investigating Lurin Capital Amid Multifamily Collapse
