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Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...
Fed Chair Powell Says U.S. Budget Is On An Unsustainable Path; Revenue And Spending Need To Be Better Aligned
Fed Chair Powell Says Fed Does Not Comment On Dollar Policy, Which Is The Responsibility Of The Treasury
Fed Chair Powell Says Regarding Tariffs, So Much Is Unknown The Fed Cannot Start Making Policy In Response; The Fed Does Not Have An Institutional View On The Proper Level Of Tariffs Or Immigration; Higher Immigration Is Part Of The Reason Growth Was...
Fed Chair Powell Says Fed Is Trying To Be In A Middle Place Where Policy Is Less Restrictive So Inflation Can Fall, But Not Damage Labor Market; Likely That Lower Survey Response Levels Has Increased Volatility In Estimates Of Labor Market Data
Fed Beige Book: Economic Activity Rose Slightly In Most Districts; The Rise In Electricity Demand Was Driven By Rapid Expansions In Data Centers And Was Report- Edly Planned To Be Met By Investments In Renewable Generation Capacity In Coming Years.;...