Has the Federal Reserve lost control of inflation and, by extension, the economy? No doubt, consumers are feeling the pain, with inflation rates in the U.S. the highest since the early 1980s. But does this mark a secular change in the economy or something that may prove relatively fleeting? Bloomberg […]
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Federal Reserve to Begin Risky Pursuit of a ‘Soft Landing’ | Business News
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — The Federal Reserve on Wednesday will launch one of the most difficult tasks a central bank can attempt: Raise borrowing costs enough to slow growth and tame high inflation, but not so much as to topple the economy into recession. With […]
Federal Financial Regulator Talks Marijuana Industry’s ‘Bright Future’ And Need For Banking Access
Ohio activists have collected enough signatures to force the legislature to take up the issue of marijuana legalization, the secretary of state’s office confirmed on Friday. This comes about two weeks after the Coalition to Regulate Marijuana Like Alcohol (CTRMLA) submitted a final round of signatures for the measure. The […]