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The Fed is focusing on 'flawed' data and keeping rates high will result in a big policy mistake, economist says

Mon, 04/29/2024 - 12:25

Tech Insider : Economy

Jerome Powell — Federal Reserve Chairman Jerome Powell participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, DC.
Kevin Dietsch/Getty Images

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The risk of a recession could flare up if the Fed waits too long to cut rates, top economist Mohamed El-Erian says

Wed, 02/14/2024 - 12:03

Tech Insider : Economy

US Federal Reserve Chair Jerome Powell — US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.
Liu Jie/Xinhua via Getty Images

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The Fed will likely cut interest rates 4 times next year as the economy remains resilient

Mon, 12/04/2023 - 12:00

Tech Insider : Economy

Federal Reserve Chair Jerome Powell Testifies Before The Senate Banking Committee — Federal Reserve Board Chair Jerome Powell
Kent Nishimura / Los Angeles Times via Getty Images

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