Nick Timiraos
Chief economics correspondent, The Wall Street Journal โข Author, "Trillion Dollar Triageโ
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Three observations from Powell's second day of hearings on Capitol Hill: 1/ Powell voiced continued murmurs of concern on inflation expectations drifting up. โThere are some smal...
How did the Fed fall behind the curve last year? We interviewed current and former Fed officials and outside analysts and came up with four mistakes. Each compounded on the oth...
Powell: The Fed can't bring inflation down to 2% on its own. The path to a soft landing "is not getting easier." โMany factors that we donโt control are going to play a very si...
The Fed approved a 75 basis point increase on Wednesday, the largest rate rise since 1994. All officials projected rates rising to least 3% this year.
The Fed spent most of 2021 focused on achieving a tighter labor market. So take special note when senior central bank leaders say that, to bring down inflation, they'll accept a s...
FED THREAD: Would the Fed surprise markets by doing a 75-basis point increase next week? Much of their tightening this year has been about shaping expectations. Do big surprises h...
Monetary policy at work, throttling back demand in rate-sensitive sectors: New home sales fell 16.6% in April from March to 591,000 (a seasonally adjusted annual rate). That is t...
Is the Fed prepared to bring down inflation if that requires throwing people out of work? That was the question posed to three current or former Fed officials Friday night at Sta...
No major Fed surprises The FOMC voted unanimously to raise interest rates by a half percentage point and announced plans to shrink the $9 trillion asset portfolio beginning June...
Core PCE inflation in March rose by 0.3% from February, and the 12-month increase stood at 5.2%, which was down from 5.3% in February. The February figured was revised lower from a...
The Fed's minutes today are very likely to detail its plans for the runoff of its asset portfolio. Powell said last month that the minutes "will lay out pretty much the parameter...
Just how much will the Fed have to raise rates this year? John Roberts, a former Fed board economist, lays out three different scenarios https://t.co/IBkB8jBK54