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Daly (FED): The inflation battle is far from over

San Francisco Fed President Mary Daly said a 50-basis-point rate hike is not locked in at the U.S. central bank's next meeting, saying the U.S. Federal Reserve is "far from done yet." with the reduction in...

Bowman (FED): To consider more rate hikes of 75 bp.

The U.S. Federal Reserve should consider more interest rate hikes of 75 basis points in upcoming meetings to reduce high inflation back to the central bank's target, Fed Chair Michelle Bowman said on Saturday, according to...

‘Bell’ Summers at the FED – Risk of repeating a mistake of the 70s

Former Treasury Secretary Lawrence Summers said he is concerned that the slowdown in inflation in the next Fed data will lead the Federal Reserve to conclude that its policies are working, when in fact much more...

Mester (Fed): We must keep raising interest rates until inflation starts to ease

The president of the Cleveland Federal Reserve said on Thursday that the central bank should continue to raise interest rates until high U.S. inflation begins to show signs of abating, joining a group of senior U.S....

Daley (Fed): ‘Sane’ move to increase 50 points in September

The Federal Reserve would be "sensible" to raise interest rates by 50 basis points next month, San Francisco Fed President Mary Daley said today, but stressed that policymakers are determined to reduce inflation. "I'm starting with the...

Larry Summers: Fed Continues ‘Wishful’ Inflation Policy

Strong criticism of the Fed and its head Jerome Powell was expressed by former US Treasury Secretary and long-time Harvard President Larry Summers, saying he fears the central bank is continuing to pursue a policy of...