Minneapolis Fed President Neel Kashkari said Sunday that Fed policymakers are increasingly hopeful of achieving a 'soft landing' that tames inflation without causing a deep recession.
Slatestone Wealth chief market strategist Kenny Polcari shares his market outlook and discusses the impact of ‘Bidenomics’ on ‘Varney & Co.’Federal Reserve
"Nonetheless, I’m not going to dismiss the hardship that Americans are feeling. High inflation for several years has really put a dent in people’s pocketbooks. We’re now starting to dig our way out of that," he explained. "So, we’re making progress. But I’m also not surprised that people are still frustrated by how long it has taken to get here."
Minneapolis Federal Reserve President Neel Kashkari said on CBS'"Face the Nation" that the fed will let data guide its decision about an additional interest rate hike. The Federal Open Market Committee has three more meetings scheduled this year with an additional interest rate hike potentially on the table.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed’s Kashkari flags fears of witnessing uptick in unemployment, praises inflation outlookFed’s Kashkari flags fears of witnessing uptick in unemployment, praises inflation outlook – by anilpanchal7 Fed RiskAversion Inflation Employment NewsTrading
Read more »
Kashkari says Fed pulling off soft landing would be 'a resounding positive outcome'The U.S. economy is making surprisingly good progress, and returning to pre-pandemic levels is “absolutely achievable,” Minneapolis Fed President Neel Kashkari said Sunday, but the job is not yet done.
Read more »
TAMU Board of Regents appoints interim president of university after former president's resignationMark A. Welsh III was appointed as the interim president of Texas A&M University following an hours-long special meeting on Sunday.
Read more »
Charting the Global Economy: Fed, ECB Press on With Rate HikesThe Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with US and European policymakers opting for additional interest-rate hikes.
Read more »
The Fed's newfound focus on data is bad news for the sliding dollarWhat You Need To Know About Markets And The Economy
Read more »
New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears EndBets on a bond-market rally aren’t in the clear just yet.
Read more »