Lawmakers on Capitol Hill are set to grill Jay Powell, the Fed chair, about interest rates and the economy, topics that are top of mind for voters and investors alike.
Category: Powell, Jerome H
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U.S. Economy: Has an Era of Increased Productivity Returned?
The last time the U.S. economy was posting surprising economic growth numbers was 1994. Economists see parallels that make them think it could happen again.
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Wall Street Is Already Placing Bets on the Biden-Trump Rematch
Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.
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Inflation Was Higher Than Expected in January, a Worrying Sign for the Fed
Overall prices cooled slightly from a year ago, but the report included worrying signs for the Federal Reserve.
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The Jobs Conundrum: Questions About Wages Persist
The latest data on jobs and wages are positive on the surface, but a large group of voters are still downbeat about the state of the economy.
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Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates
Federal Reserve officials are debating when to lower rates. An interview with Jerome H. Powell confirms a move is coming, but not immediately.
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Blockbuster Jobs Report Backs Up Fed’s Patience as It Waits to Cut Rates
Given continued strength of the economy, the Federal Reserve is unlikely to feel pressure to cut interest rates at its next meeting in March.
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Economists Expected a Hiring Slowdown. So Much for That.
Jobs and wage gains remain robust despite the Federal Reserve’s campaign to cool the economy, surprising policymakers and economic forecasters.
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The Markets Want Rate Cuts but The Fed Is Taking Its Time
Vague comments about possible future rate cuts were all that central bankers gave the markets. Patience will be difficult at this tricky moment, our columnist says.
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Interest Rate Cuts Could Be a Boon to Biden
The Federal Reserve is independent of the White House, but lower rates could improve the president’s standing among voters.
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PCE, a Key Inflation Measure, Cooled in December
Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month.