Supreme Court Shields Fed
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Market Domination Overtime anchors Julie Hyman and Josh Lipton preview the biggest news stories and market headlines expected out next week, including earnings results from semiconductor giant Nvidia (NVDA),
Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.
Federal Reserve Chair Jerome Powell on May 7 said "the economy ... will mean for their wallets. But Wednesday, Powell reaffirmed the Fed's dual mandate to address rising unemployment and inflation.
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There is one subject where Federal Reserve Chair Jerome Powell has been consistent since becoming central bank boss nearly seven years ago: The nation’s fiscal path is "unsustainable." It’s a word he has come back to again and again in describing US deficits,