Analysis: Fed’s “big tent” framework may fray under inflation surge

The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best chance after the pandemic, is being tested by a potentially table-turning rebound of inflation and what’s become a relative rush of policymakers determined not to let it get out of hand.

Analysis: Fed’s “big tent” framework may fray under inflation surge

The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best chance after the pandemic, is being tested by a potentially table-turning rebound of inflation and what’s become a relative rush of policymakers determined not to let it get out of hand.

ECB makes good progress on new strategy, Lagarde says

European Central Bank policymakers meeting this weekend made “good progress” in reshaping the ECB’sstrategic goals, including the role it plays in fighting climate change and a revised approach to inflation, President Christine Lagarde said on Sunday.