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Central Bankers, Economists Failed to Predict Soaring Inflation: Former Fed Chair Bernanke

Central bankers and most economists failed to anticipate the sharp increase in inflation that started in 2021, a new paper from Ben Bernanke stated.

San franciscoUnited statesDonald trumpJames bullardNeel kashkariJerome powellBen bernankeMary dalyOlivier blanchardBrookings institutionMonetary policy report to congressNational association for business economicsMinneapolis fed bankSan francisco fed bankCleveland fed bank inflation nowcastingFederal reserve

Gold Price Forecast: XAU/USD drops below $1,970 as Fed expresses more rate hikes this year

Gold price (XAU/USD) has failed in defending its immediate support of $1,970.00 in the Asian session. The precious metal has dropped

United statesJanet yellenKevin mccarthyJames bullardJoe bidenLouis fed bankFederal reserveRepresentatives kevin mccarthySecretary janet yellenLouis fed bank president james bullardExponential moving averageRelative strength index

ANALYSIS: Is the Fed s Inflation Fight Yielding Results?

All eyes will be on the April inflation report. Will it continue its downward trend, or will the consumer price index (CPI) continue to be stubborn?

New yorkUnited statesWharton schoolJeremy siegelJerome powellMark hamrickJoe bidenJames knightleyTom beckerAnthony nievesJames bullardFederal reserveAgriculture organizationLouis fed bankStanford university hoover institution onMarket committee

Deutsche Bank Forecasts US Recession in 4th Quarter, Followed by Rate Cut

The U.S. economy will slip into a recession in the fourth quarter, and the Fed will respond with a rate cut in the following quarter, Deutsche Bank forecast.

United statesJerome powellLoretta mesterJanet yellenDavid rosenbergJames bullardKevin dietsch gettyFrederic mishkinJulia coronadoLouis fed bankMarket committeeDeutsche bankFederal reserveEconomic projectionsAtlanta fed bank gdpnowCleveland fed bank

Hotter Inflation Data Presents Worrisome News for US Economy, Economists Warn

The Personal Consumption Expenditures Price Index came in higher than market estimates, which could be "worrisome news," says economist Mohamed El-Erian.

United kingdomWhite houseDistrict of columbiaUnited statesLoretta mesterPhilip jeffersonLos angelesMohamed el erianJames bullardPeter schiffJoe bidenLouis fed bankBureau of economic analysisCambridge universityMarket committeeUs monetary policy forum

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