December 20, 2023 Fed may have to start cutting rates earlier ‘not to upend market expectations’ – Citi Citi economists took note of several Federal Reserve speakers commenting that the market has overreacted to recent Fed communications, which delivered a massive rally in stocks and bonds. Despite the […]
September 24, 2023 Even the Fed is cutting jobs — for the first time in more than a decade New YorkCNN — Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep. The Federal […]