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Fed Chairman Kevin Warsh Called Inflation 'More Concerning' at His First Jackson Hole Speech. Does That Signal a Rate Hike Is Coming?
4+ day, 17+ hour ago (266+ words) The Federal Reserve sets interest rates to help guide the U.S. economy. The goal is two-fold: high employment and stable prices. These two goals can be contradictory at times, so the Fed is always walking a tightrope. Since the turn of…...
What Would Alan Greenspan Say About This Stock Market?
3+ week, 22+ hour ago (399+ words) Way back in 1996, when I was a cub reporter for The Wall Street Journal, then-Federal Reserve Chairman Alan Greenspan made a speech in Washington that rocked the financial world. "But how do we know when irrational exuberance has unduly escalated…...