In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
Category: Federal Reserve System
-
The Week in Business: Slowing Job Growth
Sam Bankman-Fried, the disgraced cryptocurrency executive, pleads not guilty to an array of charges. A bumpy road ahead for Tesla. And the latest inflation figures are coming out.
-
US Employers Added 223,000 jobs in December
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
-
U.S. employers added 223,000 jobs in December.
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
-
Kevin McCarthy’s Business Ties Complicate His Rise to Power
To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
-
Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
-
Fed Official Compares Inflation to Uber Surge Pricing
Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
-
S&P 500 Rises in First Session of 2023
Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
-
Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The world has relied on ultralow interest rates in Japan. What will happen if they rise?
-
The Year the Long Stock Market Rally Ended
How fast inflation and high interest rates upended markets across the globe.