Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington.
Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington.
Fed s Powell gets an earful about inflation and interest rates from small businesses swoknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swoknews.com Daily Mail and Mail on Sunday newspapers.
YORK, Pennsylvania (Reuters) -After helping build a floor under the economy during the pandemic only to put a squeeze on it as inflation soared, Federal Reserve Chair Jerome Powell on Monday faced a public he'd warned would go through painful times as the central bank hiked interest rates. On a day tour of York, Pennsylvania, once a thriving manufacturing town about 100 miles west of Philadelphia that local officials tout as undergoing a "fledgling renaissance," Powell got an earful from residents and community and business leaders fretful about inflation and eager for greater certainty about what lies ahead. Families are "squeezing to make ends meet," caught between rising prices and a lack of accessible child care, Kim Bracey, chief executive of the YWCA York, told Powell.
Fed s Powell gets an earful about inflation and interest rates from small businesses commercial-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercial-news.com Daily Mail and Mail on Sunday newspapers.