Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Tighter policy is helping bring down inflation but not to where policymakers should feel too comfortable, the San Francisco Fed president said. U.S. News
Tag: feds
Feds seize almost $700 million of FTX assets in Sam Bankman-Fried criminal case
Federal prosecutors seized nearly $ 700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood shares. International: Top News And Analysis
Fed’s Bullard says inflation ‘could get out of control,’ so action is needed now
St. Louis Fed President James Bullard cautioned that without action on interest rates, inflation could become an even more serious problem. U.S. News
Inflation notches a fresh 30-year high as measured by the Fed’s favorite gauge
Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income. International: Top News And Analysis
Explaining the volatile stock and bond market moves this week following the Fed’s update
The Fed unleashed a huge repositioning in markets, as investor reacted to a world where the central bank no longer guarantees its policies will remain easy. International: Top News And Analysis
Fed’s Mester lauds jobs report but says it’s not enough to change policy
May’s job gains were “solid,” but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC. U.S. News
After deaths, feds investigate maker of controversial guardrail
The guardrail, which officials say malfunctioned in some crashes, has been tied to four deaths in Tennessee. GANNETT Syndication Service
Insurance companies sue feds for $450 million over handling of Gatlinburg wildfire
The lawsuits argue officials violated their own policies when they let the fire burn, then failed to monitor it or warn residents of the danger. GANNETT Syndication Service