“The idea that inflation should be relatively low and relatively stable is certainly a reasonable position to have,” said Jonathan Kirshner, a professor of political science at Boston College who ...
WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. The ...
NEW YORK (AP) — Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend ...
On the Friday before Labor Day, President Joe Biden issued a decision that has upset the federal labor force he has done much to please. The White House, in a letter to Congress, officially proposed ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. As the U.S. Federal Reserve kept its benchmark federal funds rate unchanged at its ...
After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight against inflation, our columnist says. By Jeff Sommer Jeff Sommer ...
NATO leaders stand next to Ukrainian President Volodymyr Zelenskyy as he speaks on the sidelines of the 2023 NATO summit in Vilnius, Lithuania. Kay Nietfeld/Getty Images The transatlantic alliance has ...
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