Bill Ackman Says the AI Race May Upend the Fed's Inflation PlaybookBill Ackman theorized that the AI era could lead to a situation where rate hikes actually spur higher inflation, upending the Fed's policy playbook.Business Insider12d agoWhole story →TechnologyEconomyfed rate hike decision
Asian stocks are mixed after Wall Street slips following Fed's rate hike decisionAsian shares are mixed after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. But U.S. futures are higher. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3.75%-4%, as it attempts to control U.S. inflation that’s been stubbornly above its…The Atlanta Journal-Constitution20d agoWhole story →PlanetEconomyfed rate hike decision
Fed Chairman Warsh faces pressure to ‘put up or shut up’ after hot CPI reportFederal Reserve Chairman Kevin Warsh faces intense pressure to raise interest rates at next week’s policy meeting after a highly anticipated inflation report showed U.S. consumer prices marched higher last month. Underlying inflation rose more than expected in August, as the core consumer price index, which excludes food and energy costs, increased 0.3%…Hartford Courant25d agoWhole story →CommercePlanetfed rate hike decision
US consumer prices accelerate in August, push Fed closer to rate hikeU.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise interest rates next week.Reuters26d agoWhole story →CommerceEconomyfed rate hike decision
Analysis: What a Fed rate hike would mean for the U.S. economy and inflationFederal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now. The consumer price index report due Friday is poised to determine whether policymakers will lift rates next week, with officials…Spokane Spokesman-Review27d agoWhole story →CommerceEconomyfed rate hike decision
