New for subscribers: Bank of America says the Fed is playing with fire by downplaying inflation and needs a new playbook. Check out CNBCPro today.
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress”
on Capitol Hill in Washington, July 15, 2021.Federal Reserve officials could be placing too much emphasis on the past when trying to guide the U.S. economy into the future, according to a Bank of America analysis.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bank of America shuts down bank account of FDA-approved cannabis research firmScottsdale Research Institute receives notification that its decision to close bank account is final and won't be reconsidered. Bank of America declines to...
Baca lebih lajut »
Texas economy will be fine without oil and gas, with green energy jobs: Dallas FedInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »
Biden's stimulus plan is fueling short-term inflation, SF Fed paper findsPresident Joe Biden's $1.9 trillion American Rescue Plan is contributing to elevated inflation but it isn't expected to overheat the economy, a new research paper from the San Francisco Federal Reserve concludes.
Baca lebih lajut »
Fed Beige Book finds labor and supply shortages are cramping the U.S. economyThe U.S. economy is still growing at a solid pace, a Federal Reserve report said Wednesday, but labor shortages and supply-chain bottlenecks are restraining...
Baca lebih lajut »
Democrats raise proposed IRS bank reporting threshold to $10,000 from $600Senior Democrats in Congress have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows to $10,000 a year, with exemptions for wage income, from an earlier proposal of $600 that drew criticism for being too intrusive.
Baca lebih lajut »
US: Taliban won't get access to Afghan central bank reservesTaliban will not be allowed access to more than $9 billion of Afghan central bank reserves held outside the country, Washington says, as Afghanistan struggles to contain a deepening economic crisis.
Baca lebih lajut »