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Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits
WSJ· 2026-03-30 15:02
Core Viewpoint - The Fed chair indicated that energy disruptions are typically short-lived but emphasized that the central bank cannot assume this will always be the case, especially in the context of prolonged elevated inflation [1] Group 1 - Energy disruptions are generally temporary in nature [1] - The central bank's caution stems from the experience of sustained high inflation over recent years [1]
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions
Nytimes· 2025-12-12 15:28
Core Viewpoint - Federal Reserve officials expressed their disagreement with the decision to reduce interest rates by a quarter of a percentage point this week [1] Group 1 - The central bank's decision to cut interest rates was met with opposition from several Fed officials [1] - The reduction in interest rates is seen as a controversial move among policymakers [1] - Officials provided explanations for their stance against the rate cut, indicating concerns about potential economic implications [1]