In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
Category: Powell, Jerome H
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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How the Fed Opened Pandora’s Box
Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.
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The Uneasy Dance Between the Markets and the Fed
Exuberance in financial markets is likely to only strengthen the Federal Reserve’s resolve and shake up those very markets, our columnist says.
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Inflation Cooled Just Slightly, With Worrying Details
Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.
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Inflation cooled annually, but the details are more worrying.
Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
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As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
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Strong hiring hints at more work ahead for the Fed, but wages cool.
The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.
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Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
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Stock Market’s Newfound Optimism Faces Test as Fed Meets
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.