Tag: jerome powell
Posted in News
Fed Comes to its Senses, Lowers Interest Rate
phillynews215 11/21/2023
After causing almost every recession of the past several decades, the Federal Reserve is lowering interest rates before a recession takes hold. This represents an important shift in the Fed’s policy, says CEPR’s Mark Weisbrot…
Posted in News
Stock futures up after Congress averts government shutdown
phillynews215 11/06/2023
Wall Street index futures kicked off October on a high note after lawmakers averted a government shutdown. Investors will wait to hear from Federal Reserve Chair Jerome Powell on Monday for more on the central…