Tag: Powell, Jerome H
The Stock and Bond Markets Don’t Yet Know How to Cope With the Fed
On Wednesday, the S&P 500 stock index jumped 3 percent, as though all was right with the world.…
Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000
The Federal Reserve raised interest rates by a half percentage point and announced a plan to shrink its…
The Era of Cheap and Plenty May Be Ending
Ford Motor, which has grappled with pandemic supply chain issues, is working on making its own batteries —…
Stocks Tumble as Jitters over Interest Rates Persist
The prospect of a fast increase in interest rates has hit technology stocks particularly hard. Facebook, Microsoft, Amazon…
Unemployment Nears Prepandemic Level
Federal Reserve officials are tasked with fostering “full employment,” and while it has been difficult to guess what…
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed…
Bond Market Unsettled by Inflation Worries
From a longer vantage, the August 2020 trough may just possibly have marked the end of a 40-year…
Federal Reserve Walks a Tightrope Between Inflation and Recession
In an interview, James D. Hamilton, professor of economics at the University of California, San Diego, and a…
Why the Fed Raised Interest Rates
Shoppers at a mall in Miami Beach, Fla., earlier this month. A surge in consumer spending has helped…
As Fed Prepares to Raise Rates, Global Economy Sinks Deeper Into Turmoil
Jason Furman, an economist at Harvard University, said many forecasters had been doing what investors sometimes refer to…
Global Economy Sinks Deeper into Turmoil as Fed Prepares to Raise Rates
Jason Furman, an economist at Harvard University, said many forecasters had been doing what investors sometimes refer to…
Could Inflation Prompt Powell to Act Like Volcker?
The war in Ukraine threatens to keep costs elevated for longer. Gas prices have already surged, lifting headline…