Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
According to Federal Reserve data, wealth was equally split between those with and without college degrees in 1990, but today three-quarters of wealth is owned by college graduates.
Source: https://www.nytimes.com/2023/10/03/opinion/life-expectancy-college-degree.html
According to research from the NY Federal Reserve Bank, five million of these borrowers took out a total of $430 billion in equity, which they used to support their consumption or invest in other assets.
Source: https://www.counterpunch.org/2023/10/16/its-time-to-lower-interest-rates/
After all, investors were wildly optimistic that the Federal Reserve would quickly pivot and cut rates, and they were bidding down bond yields and driving up prices.
Source: https://seekingalpha.com/article/4640016-pfn-best-to-buy-on-dips?source=feed_all_articles
AIM President and CEO John Regan, a BEA member, said employer confidence varied widely during 2022 as the Federal Reserve attempted to harness inflation without sending the economy into recession.
Source: https://businesswest.com/blog/business-confidence-dips-at-the-end-of-2022/
Alan Greenspan, the Federal Reserve (Fed) chairman between 1987 and 2005, is often accredited with creating the quintessential soft landing in the mid-1990s.
A lengthy strike would reduce the number of new cars available for sale, which could fuel inflation and force the Federal Reserve to keep interest rates high.
Source: https://www.nytimes.com/2023/09/15/business/uaw-strike-gm-ford-stellantis.html
And on Tuesday, he said that between the fourth quarter of this year and the second quarter of 2024, investors should be “watchful” for a “textbook recession” induced by the Federal Reserve.
And the Consumer Expectations Survey released Monday by the U.S. Federal Reserve stated that near-term inflation expectations (one-year estimates) were actually up 0.52% to 4.7%.
Source: https://www.moneysense.ca/save/investing/making-sense-of-the-markets-this-week-april-16-2023/
And the Federal Reserve - is there anything new from them?
Another Federal Reserve meeting came and went, and policymakers opted to skip a rate hike.
Source: https://seekingalpha.com/article/4638888-october-2023-perspective?source=feed_all_articles
A recent slew of robust economic data suggests the Federal Reserve is not done in its battle to cool the US economy and will likely continue hiking its benchmark lending rate.
A report showed that the measure of inflation preferred by the Federal Reserve remained high last month, but within economists’ expectations.
As a result, the Federal Reserve may tamper aggressive rate hikes that were previously expected in the coming weeks, she wrote.
As a whole, investors took the data to mean the Federal Reserve next week will see the economy is still strong enough to handle another hike to interest rates at its next meeting.
As expected, the Federal Reserve announced another 25 basis point interest rate hike on Wednesday, making the benchmark rate the highest it's been since 2007.
As inflation persisted — rising as high as 9.1% in June 2022, the Federal Reserve Bank raised interest rates from near 0% to a range between 5% and 5.25%.
"As it did for the Federal Reserve Board and other federal banking regulators, Congress authorized the CFPB's funding through legislation other than annual spending bills," the spokesperson said.
As we have stated before, while the final selection has been announced, we feel very good about our prospects for securing incremental content on this note given our historical relationship with the Federal Reserve and BEP.
At a minimum, the crisis has complicated the already delicate task facing officials at the Federal Reserve, who have been trying to slow the economy gradually in order to bring inflation to heel.
Source: https://www.nytimes.com/2023/03/17/business/economy/economy-banks-recession.html
A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation.