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Powell Suggests Interest Rates Could Stay High for a Longer Period

Banking and Financial Institutions Consumer Price Index Inflation (Economics) Interest Rates Jefferson, Philip N Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Powell Suggests Interest Rates Could Stay High for a Longer Period

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.

By Ben Casselman and Jim Tankersley

Investors Are Calling It: The Federal Reserve May Be Done Raising Rates

Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Jefferson, Philip N Kashkari, Neel T United States Economy Waller, Christopher (1959- )

Investors Are Calling It: The Federal Reserve May Be Done Raising Rates

Investors doubt that central bankers will lift borrowing costs again following big market moves that are widely expected to cool growth.

By Joe Rennison and Jeanna Smialek

U.S. Economy’s Staying Power Poses Big Questions for the Fed

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Jefferson, Philip N Labor and Jobs Powell, Jerome H United States Economy

U.S. Economy’s Staying Power Poses Big Questions for the Fed

The Federal Reserve has been trying to slow growth without tanking it. Now, officials must ask if inflation can cool amid signs of resilience.

By Jeanna Smialek

Biden Taps Philip Jefferson and Adriana Kugler for Top Fed Jobs

Banking and Financial Institutions Cook, Lisa D Federal Reserve System Hispanic-Americans Jefferson, Philip N United States Politics and Government

Biden Taps Philip Jefferson and Adriana Kugler for Top Fed Jobs

President Biden announced his plan to nominate Adriana Kugler, an official at the World Bank, for a Fed governor job, while elevating Philip Jefferson to the role of vice chair.

By Jeanna Smialek