Powell Makes Case for Fed Curbing Inflation While Doing No Harm

(Bloomberg) — Federal Reserve Chair Jerome Powell sought to reassure lawmakers and investors on Tuesday that the central bank can pull off the tricky task of bringing down four-decade high inflation without damaging the U.S. economy.Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Worst-Performing Bank Lent Billions to China EvergrandeDjokovic A
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China Inflation Fuels Rate-Cut Calls as World Starts to Tighten

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Worst-Performing Bank Lent Billions to China EvergrandeDjokovic Admits Doing Photo Shoot With Covid, Paperwork ErrorChina’s inflation pressures moderated in December, giving the central ba
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Japan’s Household Inflation Expectations Jump to Most Since 2008

(Bloomberg) — Inflation expectations for Japanese households jumped to the highest in 13 years, showing how costlier energy is influencing sentiment even as overall price gains remain far below the Bank of Japan’s target. Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameSingapore Breaks Down Covid Deaths by Vaccine, With Moderna Seeing Lowest RateDip Buyers Drive U.S. Stock Rebound After Selloff: Mar
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Four Fed Hikes May Be Just the Start as Traders Boost Rate Bets

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameSingapore Breaks Down Covid Deaths by Vaccine, With Moderna Seeing Lowest RateDip Buyers Drive U.S. Stock Rebound After Selloff: Markets WrapCyprus Finds Covid-19 Infections That Combine Delta and Omicron The drumbeat for the Federal Reserve to
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Fed’s Bostic ‘Ready to Act’ to Cap Inflation With March Liftoff

(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to raise interest rates as early as March and start reducing its balance sheet “fairly soon” after liftoff to contain surging inflation.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameSingapore Breaks Down Covid Deaths by Vaccine, With Moderna Seeing Lowest RateDip Buyers Drive U.S. Stock Rebound Af
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