Similar Stories to The Fed: Prominent Chef Tells Fed That Worker Shortages Are Due To ‘life Changes’ In Wake Of Pandemic on Bing News

A prominent chef told the Federal Reserve that worker shortages in the restaurant industry was tied to "life changes" and workers need more pay.

BING NEWS:
  • What to know about the Fed’s rate decision.
    The Fed concluded its two-day policy meeting Wednesday, releasing a statement that included a few important changes from the last one in March. Central bankers reiterated that they needed ...
    04/30/2024 - 11:04 pm | View Link
  • Fed likely to hint interest rates will stay higher for longer. But how high for how long?
    At the close of a two-day meeting that starts Tuesday, the Fed was expected to keep ... stay elevated in some industries due to lingering labor shortages, Barclays says. It reckons core PCE ...
    04/29/2024 - 11:24 pm | View Link
  • CDs vs. high-yield savings accounts: What to consider if the Fed cuts rates
    "Savings account rates and CD rates have already started to fall just due to the expectation that the Fed will start cutting rates sometime this year," says Ken Tumin, president of bank review ...
    04/19/2024 - 3:11 am | View Link
  • The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates
    US Federal Reserve chair Jerome Powell damped expectations of impending interest rate cuts on Tuesday — a sign that the Fed may have pumped so much money into the economy during the pandemic ...
    04/16/2024 - 8:57 pm | View Link
  • How far will CD rates fall if the Fed cuts rates? Here's what experts say
    To move the needle and curb spending further, the Fed has kept interest rates paused ... "scattered across various years — some coming due in one, two, three, four, five, and six years.
    04/12/2024 - 3:47 am | View Link
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