• There's a worrying disconnect between how Fed officials look at the economy and the way workers experience it

    27 days ago - By Chron

    Chip Somodevilla/Getty
    A new Federal Reserve survey shows four in 10 Americans could not afford a $400 emergency without going into debt, contradicting the predominant view among Fed officials that the economy is at "full employment."
    The Fed's minutes, due for release later Wednesday, are likely to focus on the bright side of economic conditions in order to justify ongoing interest rate increases.
    The Fed's own Community Advisory Council warns that "when the Federal Reserve chooses to raise interest rates, among the other results is higher unemployment levels and preservation of racial...
    Read more ...

     

  • There's a worrying disconnect between how Fed officials look at the economy and the way workers experience it

    There's a worrying disconnect between how Fed officials look at the economy and the way workers experience it

    27 days ago - By Business Insider

    A new Federal Reserve survey shows four in 10 Americans could not afford a $400 emergency without going into debt, contradicting the predominant view among Fed officials that the economy is at "full employment."
    The Fed's minutes, due for release later Wednesday, are likely to focus on the bright side of economic conditions in order to justify ongoing interest rate increases.
    The Fed's own Community Advisory Council warns that "when the Federal Reserve chooses to raise interest rates, among the other results is higher unemployment levels and preservation of racial inequities in...
    Read more ...

     

  • There's a worrying disconnect between how Fed officials look at the economy and the way workers experience it

    There's a worrying disconnect between how Fed officials look at the economy and the way workers experience it

    27 days ago - By Business Insider

    A new Federal Reserve survey shows four in 10 Americans could not afford a $400 emergency without going into debt, contradicting the predominant view among Fed officials that the economy is at "full employment."
    The Fed's minutes, due for release later Wednesday, are likely to focus on the bright side of economic conditions in order to justify ongoing interest rate increases.
    The Fed's own Community Advisory Council warns that "when the Federal Reserve chooses to raise interest rates, among the other results is higher unemployment levels and preservation of racial inequities in...
    Read more ...