The Fed is definitely taking their dual mandate seriously here, says GenTrust's Mimi Duff
Mimi Duff, GenTrust managing director, joins 'Squawk Box' to discuss the Fed's interest rate decision this week, what was ...
The Community Press21d
Is it time to consider a dual mandate for the Bank of Canada?
Outstanding credit card balances are the highest on record, averaging $4,300. Non-mortgage delinquencies are on the rise, surpassing levels from the early days of the pandemic in 2020. Provisions for ...
Business Insider on MSN1d
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"Though the Fed won't publicly acknowledge it, its dual mandate is turning into a singular one as the job market has ...
Former NEC Director Gary Cohn: The Fed is on the other side of their dual mandate
Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, and Jay Clayton, Apollo non ...
Bottom Line22m
Federal Reserve reduces interest rate by a half-point
This week, the Federal Reserve announced a reduction in the federal interest rate by half of a percentage point, which is ...
penncapital-star1h
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
The Globe and Mail3m
Unpacking Q2 Earnings: Sealed Air (NYSE:SEE) In The Context Of Other Industrial Packaging Stocks
Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central bank's 2% target as of late.
Inflation 'virtually a non-issue'; Jobs now dominate the Fed's dual mandate
The monetary policy narrative in the U.S. has undergone a rapid shift from inflation to the labor market, especially since ...