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News Topic - Federal Reserve

RSS feedDisplaying articles 41 - 50 of most recent articles

Powell says the Fed is not trying to provoke a recession. Jerome H. Powell, the chair of the Federal Reserve, is testifying before a Senate committee at a moment of rapid inflation and rising interest rates.
New York Times | Jun 22, 2022 3:07 PM [GMT] | comment? | recommend
Sen. Warren warns Fed Chair Powell not to 'drive this economy off a cliff' The Federal Reserve should make sure that its rate increases do not push Americans into the unemployment lines, said Sen. Elizabeth Warren, the Democrat from Massachusetts, on Wednesday. "Inflation is like an illness, and medicine needs to be tailored to | Jun 22, 2022 2:21 PM [GMT] | comment? | recommend
Dow opens over 300 points lower as Fed's Powell delivers testimony U.S. stocks opened sharply lower Wednesday, giving back a chunk of the previous session's bounce, as investors weighed congressional testimony from Federal Reserve Chair Jerome Powell. "We anticipate that ongoing rate increases will be appropriate; the pa | Jun 22, 2022 1:36 PM [GMT] | comment? | recommend
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Powell: Fed will decide on rate hikes 'meeting by meeting' Federal Reserve Chair Jerome Powell underscored the Feds determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central banks fight against surging prices could tip the economy into recession
The Independent | Jun 22, 2022 1:33 PM [GMT] | comment? | recommend
Could a housing slump threaten the stock market and the entire economy? The red-hot housing market is starting to show signs of cooling off. Prices have spiked to levels unaffordable for many prospective buyers, and mortgage rates have jumped following the Federal Reserve's rate hikes and a surge in bond yields. | Jun 22, 2022 11:29 AM [GMT] | comment? | recommend
Federal Reserve Chair Jerome Powell will testify before 2 congressional panels NPR's Leila Fadel talks to Stephen Cecchetti, professor of international finance at Brandeis University, for a preview of Powell's testimony which follows the Fed's biggest rate hike since 1994. | Jun 22, 2022 11:18 AM [GMT] | comment? | recommend
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Federal Reserve Is Losing Asia Faster Than In 1994 The Jerome Powell-led Fed seems set to outdo the worst of the Greenspan era. | Jun 22, 2022 11:15 AM [GMT] | comment? | recommend
Bond Report: Treasury yields fall as stocks stumble ahead of testimony by Feds Powell Treasury yields pull back Wednesday ahead of the first of two days of congressional testimony by Federal Reserve Chair Jerome Powell. | Jun 22, 2022 11:01 AM [GMT] | comment? | recommend
Market Snapshot: U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell. | Jun 22, 2022 10:49 AM [GMT] | comment? | recommend
Fed chairman will testify before a pair of Congressional committees this week Federal Reserve Chairman Powell answers questions from a Senate committee Wednesday. He's sure to be asked about inflation and possible fallout from the Fed's efforts to bring prices under control. | Jun 22, 2022 09:04 AM [GMT] | comment? | recommend