Tag: Powell, Jerome H
Fed’s Kashkari says officials are ‘a long way’ from backing off inflation fight.
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, suggested on Friday that markets had gotten…
How U.S. Inflation Expectations Are Being Shaped by Consumer Choices
Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers…
How Will Interest Rate Increases Impact Inflation?
The Federal Reserve is expected to announce its fourth interest rate increase of 2022 on Wednesday as it…
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia…
Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings…
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly…
A Recession Would Hurt Democrats. Some Warn It’d Also Hurt Democracy.
Jerome Powell, the chairman of the Federal Reserve, made the understatement of the year on Wednesday when he…
The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising…
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to…
Fed Minutes Show Officials Expecting to Raise Rates Three Times to Address Inflation
Still, as of the May meeting, “most participants judged that 50-basis-point increases in the target range would likely…
Ben Bernanke Sees ‘Stagflation’ Ahead
Standing in his kitchen one morning in Washington, D.C., and drinking a glass of lightly flavored water, Ben…
Fed Officials Are on the Defensive as High Inflation Lingers
Christopher Waller, a governor at the Federal Reserve, faced an uncomfortable task on Friday night: He delivered remarks…