Fed's Cook says more rate hikes needed to combat inflation Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control The Independent UK · Oct 6, 2022
3 Retail Stocks Doing Well Despite Recession Fears July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors… StockNews.com · Aug 11, 2022
Boris Johnson in ‘lower bills’ talks with energy bosses but leaves action to next leader – as it happened Live, rolling coverage of business, economics and financial markets as chief executives of energy companies visit Downing Street to discuss crisis The Guardian - UK · Aug 11, 2022
Fed's Kashkari says he’s staked out the most aggressive stance on lifting interest rates Neel Kashkari welcomed the first better-than-expected inflation report in many months on Wednesday, but said it did not change his view on the need for more aggressive interest rate hikes even if it means triggering a recession. Tribune News Service · Aug 10, 2022
Fed leaders pledge tough fight to keep inflation credibility WASHINGTON— Federal Reserve leaders pledged the central bank would continue an aggressive fight to cool an inflation rate that’s at a four-decade high, even if higher rates cause the risk of recession. Tribune News Service · Aug 3, 2022
Manchin pitches Democrats’ tax-climate bill to silent Sinema Senator Joe Manchin, the architect of the Democrats’ new tax, climate and drugs bill, made a public pitch to his colleague Kyrsten Sinema to get on board with the legislation, arguing that it doesn’t raise taxes. Tribune News Service · Jul 31, 2022