Feds

New England's high heating costs exacerbated by the feds

New England’s high heating costs exacerbated by the feds

Power the Future executive director Daniel Turner joined ‘Kennedy’ to discuss reports that fuel oil inventories in the North East and New England have fallen to a third of normal levels. Home heating bills are skyrocketing across the country amid already high energy costs, and the North East is expected to be hit hardest this …

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Reducing the Fed's balance sheet via quantitative tightening is "a total mistake", says Mizuho

Reducing the Fed’s balance sheet via quantitative tightening is “a total mistake”, says Mizuho

The Federal Reserve’s attempt to shrink its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief U.S. economist. “There is a non-negligible likelihood that market liquidity will be adversely affected well before the $2 trillion target is reached, preventing the Fed from reaching its target,” said Steven Ricchiuto, …

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How far will the Fed's rate hikes go before they back off?  Here's what economists predict

How far will the Fed’s rate hikes go before they back off? Here’s what economists predict

The Federal Reserve has had a historic tear this year, struggling to suppress persistent record high inflation with a series of aggressive rate hikes that have pushed the monetary body’s benchmark interbank lending rate up at the fastest rate since 1982. The strategy, which has included six rate hikes so far this year, aims to …

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Stocks mixed as Fed's cautious tone saps excitement: Market recap

Stocks mixed as Fed’s cautious tone saps excitement: Market recap

(Bloomberg) – Equity futures struggled to find their bearings early in the week as a cautious tone from a Fed speaker tempered elation that inflation may have peaked. Bloomberg’s Most Read U.S. stock futures fell on Monday as a European benchmark rose, buoyed by miners and automakers. Contracts on the S&P 500 fell 0.2% while …

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