Jerome Powell
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Fed Chair Powell: Inflation Progress Stalls, Interest Rates to Remain High
Federal Reserve Chair Jerome Powell signaled on Tuesday that interest rates are likely to remain at their current high levels for an extended period, citing a lack of progress in bringing inflation back to the central bank's 2% target. 
Federal Reserve Chair Jerome Powell signaled on Tuesday that interest rates are likely to remain at their current high levels for an extended period, citing a lack of progress in bringing inflation back to the central bank's 2% target. -
Powell Reinforces Fed's Stance on Delaying Rate Cuts Until Inflation Moves Sustainably Toward 2%
Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. 
Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. -
Powell Highlights Economic Tensions, Anticipates Measured Approach
Federal Reserve Chairman Jerome Powell painted a complex picture of the U.S. economy on Thursday, addressing concerns of heightened inflation and the delicate balance of economic growth during a speech at the Economic Club of New York. Markets eagerly awaited his remarks, as they often provide a clue to the central bank's future policy trajectory. Federal Reserve Chairman Jerome Powell painted a complex picture of the U.S. economy on Thursday, addressing concerns of heightened inflation and the delicate balance of economic growth during a speech at the Economic Club of New York. Markets eagerly awaited his remarks, as they often provide a clue to the central bank's future policy trajectory. -
Unexpected Dovish Stance? Powell's Press Conference Spins U.S. Stocks into a Rally, Deepens Drop in Bond Yields and the Dollar
The Federal Reserve raised interest rates by 25 basis points as expected on July 26, setting the benchmark interest rate range at 5.25% to 5.5%, a record high since January 2001. The market's forecast of another rate hike by year's end stood at only 38%, suggesting that July could mark the final increase of this cycle. 
The Federal Reserve raised interest rates by 25 basis points as expected on July 26, setting the benchmark interest rate range at 5.25% to 5.5%, a record high since January 2001. The market's forecast of another rate hike by year's end stood at only 38%, suggesting that July could mark the final increase of this cycle. -
Fed Chair Powell Hints at Interest Rate Hikes in July and September
Federal Reserve Chairman Jerome Powell has once again indicated a commitment to increasing interest rates, citing the resilience of the U.S. economy. On Wednesday, he emphasized that more tightening policies will be forthcoming this year. Powell suggested that the Federal Reserve might hike interest rates in July and September to curb persistent price pressures and cool off an unexpectedly strong U.S. labor market. Federal Reserve Chairman Jerome Powell has once again indicated a commitment to increasing interest rates, citing the resilience of the U.S. economy. On Wednesday, he emphasized that more tightening policies will be forthcoming this year. Powell suggested that the Federal Reserve might hike interest rates in July and September to curb persistent price pressures and cool off an unexpectedly strong U.S. labor market. -
U.S. Inflation Starting To Cool But Process 'Not Going To Be Smooth,' Fed Chair Says
The process of lowering inflation "has a long way to go," Federal Reserve Chair Jerome Powell warns 
The process of lowering inflation "has a long way to go," Federal Reserve Chair Jerome Powell warns -
Fed Chair Maintains Central Bank Will Not Get Involved In Climate Issues
Chief Jerome Powell’s statement follows calls from some Democrats for the Fed to play a more active role in addressing climate change 
Chief Jerome Powell’s statement follows calls from some Democrats for the Fed to play a more active role in addressing climate change -
U.S. Central Bank Hikes Rates For The Second Time This Year
Fed chair Powell says he doesn't believe the U.S. is currently in a recession. 
Fed chair Powell says he doesn't believe the U.S. is currently in a recession. -
U.S. Federal Reserve Unleashes Highest Rate Hike Since 1994
The much-anticipated decision hiked the target funds rate by three-quarters of a percentage point. 
The much-anticipated decision hiked the target funds rate by three-quarters of a percentage point. -
Biden Renominates Powell To Lead Federal Reserve For Second Term
Treasury Secretary Janet Yellen said Powell's reappointment will enable the economy to "continue to benefit from his stewardship." Treasury Secretary Janet Yellen said Powell's reappointment will enable the economy to "continue to benefit from his stewardship."
