Inflation remains stubborn despite the Fed's 10 rate hikes creating more uncertainty about the whether policymakers will pause at their June meeting.
Former FDIC chair Sheila Bair provides insight on the Federal Reserve's rate hikes on 'The Claman Countdown.'
Jerome Powell, Chair of the Board of Governors of the Federal Reserve, attends a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden on Jan. 10, 2023. The Fed's preferred gauge for inflation rose this week, putting pressure on the Fed to i "We are not in an economy that’s retrenching," said Gregory Daco, chief economist at the consulting firm EY-Parthenon. "Neither are we in an economy that is very strong. We’re somewhere in the middle, and the momentum appears to be tilted to the downside."Spending on experiences
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