Rachel Siegel
Rachel Siegel is an economics reporter for The Washington Post, focusing on the Federal Reserve and the domestic economy. With a BA in History from Yale University, she previously covered breaking news for the Post's financial section and local politics for the Metro desk. Before joining The Washington Post in June 2017, Rachel contributed to The Marshall Project and The Dallas Morning News. Her work encompasses timely articles on economic policies and their impacts on various sectors of society.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Examples:
No current examples available.
Conflicts of Interest
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Examples:
No current examples available.
Contradictions
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Examples:
- Given that inflation is still above the Fed's 2% target, it's looking like rate cuts might not come until the second half of 2024.
- Investors expected the Federal Reserve to cut interest rates substantially in 2024 as inflation cooled.
Deceptions
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Examples:
No current examples available.
Recent Articles
Fed Holds Off on Interest Rate Cuts Amidst Inflation Resurgence and Cooling Economy
Broke On: Tuesday, 30 April 2024Federal Reserve puts interest rate cuts on hold due to inflation resurgence and cooling economy. Jerome Powell emphasizes need for consistent positive economic signs before considering cuts, predicting only two in 2024. Fed Officials Express Doubt on Timeline for Interest Rate Cuts Amid Inflation Concerns
Broke On: Tuesday, 16 April 2024Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson expressed doubts about the timeline for interest rate cuts this year due to lack of progress towards the 2% inflation target. Recent data shows solid economic growth, but inflation remains high at 3.5%. The Fed officials did not provide specific details on potential cuts, leaving markets questioning if even one or two reductions will occur before late summer.