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Search resuls for: "Bob Fernandez"


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“The key thing we have to watch is housing,” Chicago Fed President Austan Goolsbee said Friday. He is shown above at The Wall Street Journal Global Food Forum in Chicago in June. Photo: Kevin Sikorski for The Wall Street JournalInflation seems on track toward the Federal Reserve’s 2% target and now the big question is what will happen with housing in 2024, a top Fed official said Friday. “It was absolutely where we wanted it to be,” Chicago Fed President Austan Goolsbee said of the government’s latest inflation data.
Persons: Austan Goolsbee, Kevin Sikorski Organizations: Chicago Fed, Wall Street, Food Forum, The Wall, Federal, Fed Locations: Chicago
Fed’s Neel Kashkari Not Convinced Rate Hikes Are Over
  + stars: | 2023-11-07 | by ( Bob Fernandez | ) www.wsj.com   time to read: 1 min
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said he has concerns about inflation “ticking up again. That’s what I’m worried about.” Photo: MIKE SEGAR/REUTERSA top Federal Reserve official said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central bank’s 2% target. “Undertightening will not get us back to 2% in a reasonable time,” Neel Kashkari , the president of the Federal Reserve Bank of Minneapolis, said in an interview with The Wall Street Journal on Monday.
Persons: Neel Kashkari, MIKE SEGAR, Undertightening, ” Neel Kashkari Organizations: Federal Reserve Bank of, , REUTERS, Federal, Wall Locations: Federal Reserve Bank of Minneapolis
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Persons: Dow Jones
America’s potential workers are aging. The government says that by 2031 there will be an estimated 4.8 million more men and women who are at least 65 years old in the U.S. workforce, with the growth rate of workers in that age group far exceeding all others. But many companies don’t want to hire older workers, and some may subtly communicate through their wording in online help-wanted ads that older workers ought not apply.
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