Research
Bernanke: 4.3% Jobless Rate Needed to Get Inflation Back to Pre-Pandemic Level
Former Fed chief puts a number on the level of employment-related pain needed to hit price-rise target.
Tag: Ben Bernanke
Has the Gabby Fed Gone Too Far in Its Transparency Push?
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
Newsmakers
Powell’s Stock Market Performance: So-So Versus Fed Peers
Of all 16 Federal Reserve chiefs, the current one—who may or may not get a second term—is No. 7 in Dow returns, says CFRA.
Risk
Stocks Avoid Taper Tantrum This Time—and Did Before, Too
None of the shock that came with the Fed’s 2013 move has appeared. And, anyway, equities seem to have a special immunity to QE’s fate.
Asset Allocation
No Need for Taper Trepidation for the Stock Market
The situation now is less fraught than during the 2013 tantrum, argues UBS’s Mark Haefele.
Market Moves
As it lowers a key rate by a quarter point, doubts crop up that the Fed lacks the oomph of old.