(ProQuest: ... denotes formulae omitted.)This article introduces improvements to the adjusted...Brave, Scott A.Federal Reserve Bank of ChicagoChicago Fed Letter
Chicago Fed President Charles Evans said on Wednesday he expected the U.S. economy to grow in the second half of this year. Evans, speaking at an event in St. Joseph County South Bend, IN, implied the main concern at the moment was rising unemployment. Here are a few excerpts from his...
Chicago Fed President Austan Goolsbee: If conditions start to deteriorate, the Fed will ‘fix it’ Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictiv...
"The Fed ’ s job is very straightforward, maximize employment, stabilize prices and maintain financial stability. That ’ s what we ’ re going to do," the central bank official said during an interview on CNBC ’ s "Squawk Box" program. "We ’ re forward-looking about it. So if the...
Fed minutes from its May meetingsuggest ongoing uncertaintyabout when the central bank will begin to ease financial conditions. "If we cut more aggressively than the Fed, that may lead to a lower exchange rate on our end, which would be inflationary," ECB Governing...
The mayor has not said what the city plans to do once that funding runs out if Chicago doesn't get more financial support from the federal government or the state of Illinois. Johnson noted the state already has provided significant funding to help the city, and repeated his call for the ...
Is the Fed on the right track? Wall Street veteran Ed Yardeni says this is what it should do next This Depression-era fund is beating the S&P 500 in 2022 – by doing nothing "We struggle to see something systemic," analysts at Citi said a report a...
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Fed losses breach $100 billion as interest costs rise Michael S. Derby – Reuters Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to go a lot higher before the red ink stops. The U.S. central bank is continuing to...