You Searched For "federal reserve chairman" and got 20 results
Sort By:
1 min read
Oil prices are facing a 'battle royale' between Saudi Arabia and the Federal Reserve, Bank of America says
Brent crude prices could rise to $80 a barrel by the end of the year if the Fed pulls back on its i…
Jennifer Sor
2 mins read
Fed Chair Powell says a double-sized rate hike is 'on the table' in May, making mortgages, car loans, and credit-card interest even more pricey
The Fed usually raises rates by 0.25 percentage points at each meeting. With inflation at 41-year h…
Ben Winck
2 mins read
Fed Vice Chair Richard Clarida to resign 2 weeks early amid scrutiny over pandemic stock trading
Clarida landed in hot water in October for stock trades made just before a key Fed announcement. Up…
Ben Winck
4 mins read
Biden picks Jerome Powell to serve a second term as Fed chair after piloting COVID-era recovery
Powell guided the Fed as it used unprecedented tools to aid the COVID-stricken economy. His perform…
Ben Winck
2 mins read
Treasury Secretary Janet Yellen will reportedly back Jerome Powell for another term as Fed Chair
The former chair of the Federal Reserve will reportedly support another term for her immediate succ…
William Edwards
2 mins read
The Fed isn't banking on the supply-chain mess improving anytime soon, Powell says
It "continues to seem likely" the supply chain will recover, but the timing and scope of the reboun…
Ben Winck
3 mins read
Jerome Powell is popular among millennials, a survey suggests. Maybe it's because he seems to care more about finding them good jobs than protecting boomers' savings from inflation.
Powell is guiding the Fed through a new era that prioritizes employment over low inflation. Millenn…
Ben Winck
3 mins read
The Fed hints it will soon raise interest rates as inflation lingers at its highest level since 1982
Fed officials didn't say exactly when the first rate hike will arrive, but signs point to an increa…
Ben Winck
3 mins read
Jerome Powell doesn't see a recession in 2022 despite the Fed cutting off its economic support
New risks to the recovery have emerged. Still, "the probability of a recession within the next year…
Ben Winck
3 mins read
The outlook for the Fed to tame hot inflation is much less certain amid war in Europe, experts say
The Fed's rate-setting board is expected to jumpstart interest rate hikes with a move of 25 basis p…
Carla Mozée
3 mins read
Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary
In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…
PTI
3 mins read
The Fed is pursuing a more inclusive recovery. Its newest regional bank president shows it's doing so with a more diverse staff.
The Boston Fed just tapped economist Susan Collins to serve as the second Black Fed president ever.…
Ben Winck
2 mins read
US pandemic aid was 'a lot' – but it fueled a world-beating recovery and inflation is being managed, Fed's Powell says
"Was it too much? I'm going to leave that to the historians," Powell said. "But it was all founded …
Ben Winck
3 mins read
Fed Chair Powell's explanation of pandemic-era inflation and employment goes against a classic Econ 101 theory
Inflation is usually high when the job market is healthy, and vice versa. The pandemic economy buck…
Ben Winck,Madison Hoff
1 min read
Rupee touches 83.01 against dollar amid key rate hike expectations by US Fed
The rupee on Monday touched a high of 83.01 against the US dollar ahead of the key Federal Reserve …
2 mins read
Morgan Stanley's chairman slams bitcoin as speculative and volatile – and expects the US to dodge a recession
James Gorman said the rich shouldn't bet big on bitcoin, there wasn't a banking crisis last year, a…
Theron Mohamed
2 mins read
The 2022 economy will be hotter and pricier than the Fed expected just three months ago
The Fed's latest projections show slightly higher prices and faster hiring in 2022. They also show …
Ben Winck
2 mins read
Top Republican senator trolls Democrats on inflation by getting existential: 'Everything is transitory. Life is transitory.'
The Biden administration long described pandemic inflation as "transitory." Yet prices are still su…
Ben Winck
2 mins read
The Omicron variant could throw the booming economic recovery off the rails, Fed Chair Powell says
Even if the variant is less of a health risk than Delta, public concern could hammer the recovery a…
Ben Winck
2 mins read
Fed Governor Waller is 'highly skeptical' that the Fed needs to create a central bank digital currency
Waller doesn't see how a Fed CBDC would solve any major problems in the US payment system such as s…