Federal Reserve Chairman Jerome Powell on Wednesday pushed back against economists who argue that aggressive Fed interest-rate hikes have increased the odds of a recession or hard landing for the…
Tag: Powell
Fed Hikes 75 Basis Points, Powell Says 75 or 50 Likely in July
(Bloomberg) — The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell said officials could move by that much…
Powell wants to get rates closer to neutral. But what’s that? Think between 5% and 6%, former top Fed staffer says
With inflation surging higher than anyone expected, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is going to move quickly to get its policy rate…
Stocks Steady, U.S. Futures Rise Before Powell: Markets Wrap
(Bloomberg) — U.S. fairness-index futures innovative and European stocks were continual ahead of Friday’s important Federal Reserve collecting that may well give clues about the timeline for tapering stimulus. The…
U.S. Futures, Yields Slip After Powell, China Data: Markets Wrap
(Bloomberg) — U.S. inventory-index futures fell, with Treasury yields sliding, as investors assessed a progress slowdown in China and Federal Reserve Chair Jerome Powell’s persistent dovishness irrespective of a hawkish…
Powell says he plans to meet with homeless Americans in Washington
Federal Reserve Chairman Jerome Powell mentioned Wednesday that he has in the earlier met with homeless People in america and that accomplishing so reminds him of those people he is…