Category: jerome powell

Federal Reserve Chair Powell Holds News Conference After Release of Interest Rate Policy

Federal Reserve System Chair Jerome Powell holds a press conference after the release of the Fed policy decision at 2:30 p.m. ET on June 14. …


LIVE NOW: Federal Reserve Chair Powell, Former Chair Bernanke Speak About Monetary Policy at Fed Conference

Jerome Powell, chair of the Board of Governors of the Federal Reserve System, and Ben Bernanke, former chair of the Board of Governors, speak about monetary policy at 11:00 a.m. ET on May 19 at the Thomas Laubach Research Conference hosted by the Federal Reserve. …


Federal Reserve Chair Powell, Former Chair Bernanke Speak About Monetary Policy at Fed Conference

Jerome Powell, chair of the Board of Governors of the Federal Reserve System, and Ben Bernanke, former chair of the Board of Governors, speak about monetary policy at 11:00 a.m. ET on May 19 at the Thomas Laubach Research Conference hosted by the Federal Reserve. …


IN-DEPTH: Inflation Still Too High for Fed to Start Lowering Rates, Experts Say

The latest inflation numbers are a mixed bag, accelerating sharply in monthly terms though easing a little in annual terms, with experts largely saying that the data remains too hot for the Federal Reserve (Fed) to start dropping interest rates. However, a pause in the rate-hiking cycle could be in the cards. While the annual…


Public Confidence in Fed Chair Jerome Powell Is at Record Low, Gallup Reports

The American people are losing confidence in Federal Reserve Chair Jerome Powell’s leadership as the U.S. economy grapples with crushing inflation and a slowing economic landscape, a new survey revealed. According to new polling data from Gallup, 36 percent of U.S. adults say they have a “great deal” or a “fair amount” of confidence that…


Public Confidence in Fed Chair Jerome Powell Is at Record Low

The American people are losing confidence in Federal Reserve Chair Jerome Powell’s leadership as the U.S. economy grapples with crushing inflation and a slowing economic landscape, a new survey revealed. According to new polling data from Gallup, 36 percent of U.S. adults say they have a “great deal” or a “fair amount” of confidence that…


‘One of the Greatest Decisions in My Life’: Short Seller Closed Fund Before Fed’s Monetary ‘Bazooka’

After a decade in the securities business, Bill Fleckenstein began to see the writing on the wall at 2051 Constitution Avenue in the mid-1990s. Around that time, the Marriner S. Eccles Federal Reserve Board Building—at the time occupied by chairman Alan Greenspan—had a stark shift in philosophy and governance style. Once a student of the…


LIVE NOW: Federal Reserve Chair Powell Holds Press Conference After Release of Federal Policy

U.S. Federal Reserve System Chair Jerome Powell holds a press conference at 2:30 p.m. ET on May 3 after the release of the U.S. Fed policy decision. …


Federal Reserve Chair Powell Holds Press Conference After Release of Federal Policy

U.S. Federal Reserve System Chair Jerome Powell holds a press conference at 2:30 p.m. ET on May 3 after the release of the U.S. Fed policy decision. …


Democratic Lawmakers Urge Fed Chair Not to Raise Interest Rates

In a letter to Federal Reserve chair Jerome Powell, a group of lawmakers urged the central bank to stop raising interest rates to avoid additional damage to the U.S. economy. Ten senators and representatives, led by Sen. Elizabeth Warren (D-Mass.) and Rep. Pramila Jayapal (D-Wash.), expressed concern about the Fed’s current monetary-policy initiatives and how…