Investors have already priced in four increases for this year with the first in March.
The Fed governors finally appear to be serious about tackling inflation.
The unprecedented level of quits suggests a lingering struggle for employers to retain talent.
Labor shortages across the economy have made businesses reluctant to reduce staffing.
The Fed is currently scheduled to complete its asset-purchase program in mid-2022.
Warren's requests follow an ethics scandal that saw two regional Fed presidents step down.
The U.S. added only 210,000 non-farm jobs in November, the smallest gain this year.
Consumer prices forecasts were revised up for every quarter through the end of next year.
Daly said that supply bottlenecks and “extreme demand for goods” are the main contributors to higher prices.
The consumer price index increased 6.2% from October 2020, according to Labor Department data released Wednesday.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
