Breitbart Business Digest: Biden Shows Up Late with a Supply Chain Council
The most striking thing about President Biden announcing a special White House council on supply chains is that it took until this Monday to happen.
The most striking thing about President Biden announcing a special White House council on supply chains is that it took until this Monday to happen.
Does the rule that you cannot fight the Fed apply if the Fed is fighting itself?
Federal Reserve Governor Michelle Bowman said on Tuesday that she expects the central bank will have to hike rates further to bring inflation down to its two percent target. “My baseline economic outlook continues to expect that we will need to increase
The annual monetary policy conference in Jackson Hole, Wyoming, has the potential to produce some explosive results.
Federal Reserve officials are working overtime to jawbone the market away from the conviction that the Fed will cut rates several times this year.
Even though Wall Street is betting on an interest rate cut, the Federal Reserve could hike rates at its next meeting in June, Breitbart Economics Editor John Carney explained.
The Federal Reserve fired a shot across the bow of market complacency on interest rates.
Bowman says that “additional monetary policy tightening will likely be appropriate” if inflation continues to run high.