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Fed's Mester says 'far too soon' to conclude that inflation has peaked

It would be a mistake to declare victory over "the inflation beast" early, said Cleveland Fed President Loretta Mester on Wednesday. "It is far too soon to say that inflation has peaked, let alone on a downward path to 2%,...

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Fed likely needs to push interest rates above 3.5%, and hold them there until 2024, Williams says

The Federal Reserve likely needs to raise interest rates above 3.5% and keep them there until 2024, New York Fed President John Williams on Tuesday.

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Fed knows it has ‘a fight ahead’ to bring inflation down, Bostic says

The Federal Reserve knows it has 'a fight ahead' to bring down inflation, said Atlanta Fed President Raphael Bostic in Tuesday.

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Fed’s Barkin says recession ‘is obviously a risk’ in the process of getting inflation under control

Richmond Fed President Thomas Barkin said Tuesday that a recession is 'obviously a risk' in the process

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Fed chief Powell’s speech was ‘ludicrous,’ says Dartmouth economist and leading dove

Fed Chairman Jerome Powell's Jackson Hole speech was ludicrous, said David Blanchflower, an economics professor at Dartmouth College.

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What happens next now that Jackson Hole is over? More Fed hawkishness is in the cards

The Federal Reserve will expand on Fed Chairman Jerome Powell's hawkish message beyond his message Friday that a 'Fed pivot' was not going to happen.

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Shrinking the Fed’s balance sheet is not likely to be a benign process, new Jackson Hole study warns

Research presented at the Fed's Jackson Hole conference suggests that the central bank's shrinking of its balance sheet is not likely to be a benign process.

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Jackson Hole notebook: Jason Furman says Fed’s benchmark rate could hit 5.5% next year

Furman observes that the U.S. inflation outlook is not ‘dire or insurmountable,’ despite the ‘persistence’ of wage and price pressure.

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Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech

Fed Chairman Jerome Powell said Friday that the fight against inflation will lead to a period of sluggish growth and cause pain to households and businesses.

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Jackson Hole Notebook: U.S. economy likely to sink into a recession in coming months, former IMF chief economist says

There is a better-than-even chance of a recession in the U.S. starting either late this year or early next, a former IMF chief economist said.

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Fed’s Bostic says he’s leaning toward a half percentage point interest rate hike in September

Atlanta Fed President Raphael Bostic said Friday he's leaning toward a 50 basis point rate hike in September.

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Fed’s Bullard makes case for ‘front-loading’ rate hikes this year

St. Louis Fed President James Bullard said Thursday he wants to front-load rate hikes this year while the labor market is strong.

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Fed’s Harker says he’d like to get benchmark rate above 3.4% and then ‘sit for a while’

The Federal Reserve should raise its benchmark rate above 3.4% and then 'sit for a while' said Philadelphia Fed President Patrick Harker on Thursday.

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Kansas City Fed’s George kicks off Jackson Hole saying inflation remains broad-based and there is ‘more work to be done’

It remains far from clear whether the easing in inflation in July is the start of a trend, Kansas City Fed President Esther George said Thursday.

Atlanta Fed's Bostic tells WSJ it's a coin toss between supporting 50bp or 75bp hike

Atlanta Fed President Raphael Bostic told The Wall Street Journal in an interview that it's a "coin toss" right now between supporting a half point or a 75 basis point rate hike in September. He said if data remains strong...