Published 1 year ago

Federal Reserve's challenge: Confront inflation and bank jitters

Summary by Ground News

The Federal Reserve meets to consider interest rates this week. Most economists think the Fed will raise rates by just a quarter-point. That would be less than the half-point hike that many economists had expected before the recent collapse of two large banks. If the Fed were instead to leave rates alone, it could alarm Wall Street traders.

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Associated Press News

Fed's tough challenge: Confront inflation and bank jitters

Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week:

1 year ago·United States

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abc News

Fed's tough challenge: Confront inflation and bank jitters

Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system

1 year ago·United States

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KIFI

Fed's tough challenge: Confront inflation and bank jitters

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system. The two simultaneous problems would normally push the Fed in different directions: To fight elevated inflation, it would raise its benchmark rate, perhaps…

1 year ago·Idaho Falls, United States

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MY Northwest

Fed's tough challenge: Confront inflation and bank jitters

WASHINGTON (AP) — Still grappling with nervous banking system. The two simultaneous problems would normally push the Fed in different directions: To fight elevated inflation, it would raise its benchmark rate, perhaps substantially, for the ninth time in the past year. But at the same time, to soothe financial markets, the Fed might prefer to leave rates unchanged, at least for now. Most economists think the Fed will navigate the conundrum by r…

1 year ago·Tacoma, United States

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Rocky Mountain Outlook

Fed's tough challenge: Confront inflation and bank jitters

1 year ago

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My Mother Lode

Fed’s tough challenge: Confront inflation and bank jitters

WASHINGTON (AP) — Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system. The two simultaneous problems would normally push the Fed in different directions: To fight elevated inflation, it would raise its benchmark rate, perhaps substantially, for the ninth time in the p…

1 year ago

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