Recent Posts

Recent Comments

Archives

Categories

Meta

Powell

Sorry, This block requests minimum 4 posts to display, Please try to select other queries or add more posts...

Jerome Powell drops a major hint into the true state of the job market — and it suggests the Fed is making a big mistake
NewsPowell

Jerome Powell drops a major hint into the true state of the job market — and it suggests the Fed is making a big mistake

Federal Reserve Board Chairman Jerome Powell preparing to testify before the Senate banking committee on March 1. Yuri Gripas/Reuters The Federal Reserve on Wednesday raised interest rates for a sixth time since the financial crisis and signaled it would continue to do so given what it sees as an improving economic outlook. Fed Chairman Jerome…

Jerome Powell’s Congressional Testimony: Live Analysis
NewsPowell

Jerome Powell’s Congressional Testimony: Live Analysis

Some observers of Fed Chairman Jerome Powell's testimony today see it as a reason to affirm their hawkish views on monetary policy. While Fed officials penciled in three rate rises for 2018 in their most recent forecasts, some now reckon a strong economy, juiced by fiscal policy, could drive the Fed to raise rates four…

Fed’s Powell nods to ‘gradual’ rate increases, close eye on inflation

WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell, pledging to “strike a balance” between the risk of an overheating economy and the need to keep growth on track, told U.S. lawmakers on Tuesday that the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts and government spending. Fed…

Fed Chair Powell Indicates He’ll Keep Bolstering Growth in Public Debut
NewsPowell

Fed Chair Powell Indicates He’ll Keep Bolstering Growth in Public Debut

His testimony comes at a critical moment in the economy’s trajectory, as global economies are strengthening and as the Trump administration’s $1.5 trillion tax cuts begin adding economic fuel to the United States.. Investors are eagerly awaiting signs of how the Fed, under Mr. Powell’s leadership, will respond, and whether it will seek to raise…

Fed’s Powell, a Republican, may tread less rocky road in Congress

WASHINGTON (Reuters) - Freed from economic crisis and aligned with the party in power, new Federal Reserve Chairman Jerome Powell makes his first appearance before Congress on Tuesday in what is widely expected to mark a reset of sorts in relations between the central bank and elected lawmakers. After a decade of arguably strained ties,…

Fed Chairman Powell Taps Two Advisers
NewsPowell

Fed Chairman Powell Taps Two Advisers

Federal Reserve Chairman Jerome Powell has tapped two monetary policy specialists to serve as senior advisers, according to people familiar with the matter. Jon Faust, a professor of economics at Johns Hopkins University, wi