Powell on Friday sounded a note of heightened concern about inflation and supply-side strains on the economy.
The economic recovery began before Biden took office and slowed more than expected as his term stretched on.
Fed officials will be banned from owning individual stocks and bonds under the new rules. Nancy Pelosi and others in Congress remain free to trade.
The biggest ever auction of inflation-protected securities from the U.S. Treasury saw yields drop and implied inflation expectations surge higher.
Sales of the priciest homes were strong in September and the share of sales to first-time buyers fell, highlighting increasing inequality in the Biden-era housing market.
All around the country, Fed officials are hearing of "significantly elevated prices."
No one is picking up goods in the shift starting at 3 a.m. and warehouses lack the employees to receive them.
Empty shelves will be more common in North America, followed by Europe, according to company officials.
Even when containers get offloaded from ships, they often sit in the dockyard for twice as long as usual.
The company said increased costs for transportation and raw materials will amount to $2.3 billion this year, up from the earlier estimate of $1.9 billion.
Home prices have soared but construction still lags behind expectations.
Manufacturing and capacity utilization too unexpected downturns in September.
Once you adjust for inflation, September's retail sales were not all that impressive.
Delays and rising are becoming even more common as the supply chain disruption heads toward crisis levels.
The public's confidence in Biden's economic policies has collapsed, the most recent consumer sentiment survey shows.
Think inflation is bad at the retail level? Take a look at what's happening behind the scenes in Joe Biden's economy.
Peeling back the layers of the supply chain reveals extreme inflationary pressures and bottlenecks in warehousing and shipping.
The Department of Labor issued its twin inflation reports, known as the Consumer Price Index and the Producer Price Index, this week. They both showed the prices of many popular holiday gifts have shot up over the past twelve months.
Footwear prices for boys and girls rose 3.3 percent in a single month.
For a decade, businesses expected inflation to run just under two percent. Now they expect much bigger price hikes.
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