Category: Powell, Jerome H

Russian Pranksters Trick the Fed Chair, Based on Internet Videos

Videos circulating online show Jerome H. Powell, the Federal Reserve chair, answering basic questions about the American and global economy.
Why Ron DeSantis Is Taking Aim at the Federal Reserve

Florida’s governor has been blasting Jerome H. Powell, the Fed chair, while spreading misinformation about central bank digital currency.
The jobs numbers will factor into a complicated calculation for the Fed.

As central bankers contemplate whether to raise interest rates at their meeting in May, slowing hiring and wages may give them comfort.
Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure

While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
The Fed’s Preferred Inflation Gauge Cooled Notably in February

A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
The Fed Is Doing Too Much, All at Once

In its fight against inflation, the Federal Reserve has contributed to the bank failures and economic instability that it is now trying to fix, our columnist says.
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
Bond Trading May Be Sending a Recession Warning

Wild swings in the Treasury market are unlike anything many investors today had seen. They’re also potentially warning of a recession.
Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks

Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
Powell and Yellen Suggest Need to Review Regulations After Bank Failures

Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
7 Takeaways From the Fed Meeting and Powell’s News Conference

By raising interest rates a quarter-point, the Federal Reserve signaled that it was continuing to fight inflation, but it was holding off an aggressive move that might spook investors.