Federal Reserve

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Kristaline Georgieva said that the world economy "has been hit by one shock after another″ — the coronavirus pandemic, Russia’s invasion of Ukraine and a resurgence of inflation.

The Labor Department released the latest inflation data set on Thursday, revealing just how hot consumer prices ran in September as the Fed tries to cool the economy.

The Labor Department is releasing the September inflation report on Thursday, which is expected to show that consumer prices continued to run near a 40-year high.

Federal Reserve officials observed that inflation was falling more slowly than they had previously anticipated, according to minutes from their September meeting.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said Wednesday.

The economy and inflation will be watched closely this week with reports on producer and consumer prices.

Economist Mohamed El-Erian blamed the Fed for making inflation worse by mischaracterizing the meaning of transitory and not acting "boldly enough" last year.

Greater than 20% officials in senior positions, at the 50 U.S. Federal Agencies the Journal reviewed, had a conflict of interest in their stock choices.

Close to one-third of Americans are having difficulty paying their bills on time as a result of the hottest inflation in decades, with the cost of most goods climbing higher.

The New York Federal Reserve released a closely watched survey on Tuesday revealing that Americans' inflation expectations dropped in the short-term again.

The global economy is headed for "stormy waters," the International Monetary Fund warned in its latest Global Economic Outlook, amid growing threats of a deep, worldwide recession.

On Tuesday, traders will be watching as some big names – including Pepsi, Citigroup, Wells Fargo and Delta Airlines – are set to announce 3Q earnings later in the week.

Interest rates will need to remain elevated for "some time," according to Federal Reserve Vice Chair Lael Brainard, as the central bank tries to tame inflation.

Former White House OMB Director Russ Vought argues Biden's economic policies are driving the Fed to raise interest rates and pushing the economy into recession.

A new NABE survey released on Monday shows that panelists think the U.S. economic outlook is increasingly skewed to the downside as the Fed hikes interest rates.

Cyderes CEO and "Shark Tank" star Robert Herjavec argues the economy will "hit a wall" and stop growing if the Federal Reserve continues its aggressive rate hikes.

The award to Bernanke cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.

Economist Mohamed El-Erian said Sunday that while the U.S. economy is heading in the right direction, the Federal Reserve may make another error that could bring a recession.

Treasury Secretary Janet Yellen called the oil production cut by OPEC+ "unhelpful and unwise" for the global economy.