Raphael Bostic, president of the US Federal Reserve in Atlanta, said Monday he wasn't worried about the US economy overheating, despite believing that growth could come faster than many expect.In an estimate well ahead of most of his peers,...
Federal Reserve Jerome Powell testifies during a hearing of the Senate Banking Committee on the Quarterly CARES Act Report to Congress on Capitol Hill in Washington, United States, on December 1, 2020.Susan Walsh | ReutersFederal Reserve Chairman Jerome...
The recent spike in U.S. inflation is likely temporary for now - but it could get more sustained in the years to come as more people return to work, said former New York Fed President William Dudley."I think right...
Robert Kaplan, president of the Dallas Federal Reserve, told CNBC on Tuesday that he would likely endorse a rate hike before the end of 2022.Although he doesn't see inflation becoming a problem anytime soon, the central bank official reckons...
Most people want to forget this part of the 1970s.But inflation is back, and investor Peter Boockvar predicts it will be the most prevalent in decades."Monetary policy ... is powerless at the moment in its ability to stimulate economic...
A Walmart employee organizes products for the holiday season at a Walmart store in Teterboro, New Jersey.Eduardo Munoz | ReutersA little inflation might not be such a bad thing after all.In light of Wednesday's Department of Labor inflation...
The number of new hires rose sharply in February as U.S. economic activity picked up again amid a continued decline in Covid-19 cases and vaccines gave hope for further growth.The Labor Department reported Friday that the number of non-farm...
A customer wearing a protective mask loads wood at a Home Depot store in Pleasanton, Calif., February 22, 2021.David Paul Morris | Bloomberg | Getty ImagesThe US economy is trying to restart its engine after slipping into...
Federal Reserve officials said at their April meeting that a strong recovery in economic activity would warrant discussions about tightening monetary policy, according to minutes of the meeting released on Wednesday."A number of participants suggested that it might be...
An "Open House" sign will be displayed when potential home buyers arrive at a property for sale in Columbus, Ohio.Ty Wright | Bloomberg | Getty ImagesHome price gains are accelerating at an alarming pace, due to pandemic...

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