Jerome Powell
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Economy
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
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Economy
Bank of England holds interest rates, British pound rallies to more than two-year high
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024.…
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Finance
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
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Finance
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market…
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Economy
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…
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Economy
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
US Federal Reserve Chair Jerome Powell arrives to testify before the Senate Banking, Housing, and Urban Affairs Hearings to examine…
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Finance
Federal Reserve unveils toned-down banking regulations in victory for Wall Street
A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts…
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Economy
Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March…
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Economy
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
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Economy
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…
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