(Reuters) – San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank’s benchmark rate are likely be appropriate next year because of an…
NEW YORK (Reuters) – Despite recent optimism around the U.S. economy, a recession remains a more likely scenario than a so-called “soft landing” as the Federal Reserve seeks to curb…
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on a path back down toward…