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The Federal Reserve does not get to decide energy policy
News

The Federal Reserve does not get to decide energy policy

Sen. Jerry Moran -
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As the latest jobs report comes out Friday, the five fastest-growing sectors in the 12 months prior have been: temporary help, professional and technical services, construction, education and healthcare. (AP Photo/Wilfredo Lee, File)
Business

Jobless claims fall to 214,000 in sign of labor market strength

Zach Halaschak -
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Fed announces first interest rate hike in years as inflation looms large
News

Fed announces first interest rate hike in years as inflation looms large

Zach Halaschak -
0
President Joe Biden speaks at the Daniel Technology Center of Germanna Community College – Culpeper Campus, Feb. 10, 2022, in Culpeper, Va. Biden came into office with a plan to fix inflation — just not the particular inflationary problem that the country now faces. His belief is that a cluster of companies control too many industries, which reduces competition for both customers and workers. That leads to higher prices and lower wages at what the White House says is an average cost of $5,000 annually for U.S. families.
Campaigns

Biden has few options for fixing inflation ahead of November elections

Haisten Willis -
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In this Dec. 1, 2020 file photo, Federal Reserve Chairman Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington.
Finance and Economy

Fed set for modest interest rate hike despite historic inflation

Zach Halaschak -
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The Fed has three jobs. Ending climate change is not one of them
Beltway Confidential

The Fed has three jobs. Ending climate change is not one of them

Tiana Lowe Doescher -
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Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, looks on during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.
News

Biden Fed pick Raskin withdraws nomination in face of opposition from Manchin

Zach Halaschak -
0
Workers wait to collect deliveries for a locked down community on Sunday, March 13, 2022, in Beijing. The number of new coronavirus cases in an outbreak in China's northeast tripled Sunday and authorities tightened control on access to Shanghai in the east, suspending bus service to the city of 24 million and requiring a virus test for anyone who wants to enter.
Business

COVID-19 outbreak in China threatens to make inflation even worse

Zach Halaschak -
0
White House ‘made aware’ of Manchin’s Fed nominee opposition ahead of time
News

White House ‘made aware’ of Manchin’s Fed nominee opposition ahead of time

Haisten Willis -
0
Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, looks on during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.
Finance and Economy

Manchin announces opposition to Biden Fed pick Raskin, imperiling her nomination

Zach Halaschak -
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