Polls show voters are angry about costs, like mortgages, and worried they will stay high if the president wins re-election.
Category: Powell, Jerome H
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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.
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The Odds for a Summertime Fed Rate Cut Are Dwindling
Hotter-than-expected inflation has upended bets on when the Fed will start lowering interest rates, and could complicate President Biden’s re-election bid.
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Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.
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Higher for Longer After All? Investors See Fed Rates Falling More Slowly.
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.
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The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.
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Fed Meets Amid Worries That Inflation Progress Might Stall
Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels prove difficult?
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Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts
Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.
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Debate Over Bank Industry Rules One Year After SVB Collapse
Silicon Valley Bank’s collapse last March set the stage for a clash between bankers and their regulators.
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The jobs report comes as the Fed considers the timing of interest rate cuts.
The Federal Reserve is primarily watching progress on inflation as it contemplates its next steps, but it is also keeping an eye on the labor market.
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Fed Chair Powell Signals a Retreat on Banking Rules
The Fed chair said regulators could scale back or rework a sweeping capital-requirements proposal that Wall Street has been fighting for months.
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Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet
Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.