Why April’s Inflation Data Proves the Fed Is Chasing Ghosts

Why April’s Inflation Data Proves the Fed Is Chasing Ghosts

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I have been saying this for a while now, but I think the Federal Reserve is fighting a mythical “boogeyman” that doesn’t exist. According to Fed Chairman Jerome Powell, the Fed wants “greater confidence” that inflation is cooling. And not just in headline numbers, but in core services and housing, where inflation has remained stubbornly… The post Why April’s Inflation Data Proves the…

Fed Warns of Rising Unemployment and Inflation Risks

Fed Warns of Rising Unemployment and Inflation Risks The Federal Reserve has issued a warning that the risks of both higher unemployment and increased inflation have risen, potentially setting the stage for economic challenges ahead. This dual threat raises concerns about stagflation – a troubling economic condition characterized by slow growth, high unemployment, and rising prices. The Fed’s assessment comes at a critical time for the U.S. econ…