New Federal Reserve News Agency: The Fed is expected to stand pat this week; key question: signaling shelving rate cuts or merely delaying them
Nick Timiraos, the renowned financial journalist known as the “new Federal Reserve newsman,” wrote ahead of the Federal Reserve’s April FOMC meeting:
Two years ago, when the U.S. economy was running smoothly and inflation was steadily falling, Federal Reserve Chairman Powell responded to concerns about “stagflation” with a