Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
Category: Federal Reserve System
-
Investors Fear a Recession Spurred by the Fed’s Inflation Fight
The New York Times – Business: -
Fed Chair Opens Door to Faster Rate Moves and a Higher Peak
The New York Times – Business:In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
-
Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
The New York Times – Business:Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
-
Demystifying the Trillion Dollar Debate Over Share Buybacks
The New York Times – Business:The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.
-
Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.
-
How Biden Is Seeking to Reshape Business via the CHIPS Act
The New York Times – Business:Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
-
How the Lab Leak Theory Could Strain U.S.-China Relations
The New York Times – Business:The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
-
What Layoffs? Many Employers Are Eager to Hang On to Workers.
The New York Times – Business:Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.
-
How the Fed Opened Pandora’s Box
The New York Times – Business:Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.
-
The Fed’s Preferred Inflation Gauge Sped Back Up
The New York Times – Business:Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
-
Government Cracks Down on Crypto Industry With Flurry of Actions
The New York Times – Business:State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks.