INFLATION CONTROL

May 15 2025BUSINESS

The Fed's New Normal: Higher Rates and Economic Shocks

The economy is shifting, and so is the Federal Reserve's approach. The central bank's leader, Jerome Powell, recently spoke about these changes. He highlighted that long-term interest rates are expected to be higher. This is due to various factors, including changes in the economy and policy adjustments. Powell's remarks came during a research conference in Washingt...

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Nov 15 2024BUSINESS

Jerome Powell Talks Fed Independence in Dallas

Last week, Federal Reserve Chairman Jerome Powell spoke at an event in Dallas. He emphasized the importance of the Fed's independence from politics. Powell got a big laugh from the crowd when he avoided talking about President Trump's plans to deport undocumented immigrants. He made it clear that politics would only distract the Fed from its goals of controlling infl...

reading time about 1 minute