The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers.
Category: Powell, Jerome H
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The Week in Business: Labor Actions Sweep Britain
The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets.
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Biden Loves the Jobs Report, but the Fed Likely Does Not
The president is celebrating a jobs engine that is running hot; Federal Reserve officials want to see more signs of slowing growth amid their campaign to tame inflation.
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The Fed’s Preferred Inflation Gauge Slowed in October
A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.
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Powell says that rates will rise more and remain high ‘for some time.’
The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.
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A Holiday Season Divided by Inflation and Economic Struggles
Even if policymakers achieve a gentle economic slowdown, it won’t be smooth for everyone.
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The Week in Business: The Fed Stays Its Course
Job growth slowed last month, but remained strong. Elon Musk cleaned house. And the economy will be a big issue in the midterms.
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Workers Expect Fast Inflation Next Year. Could That Make It a Reality?
The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.
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Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.
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Stocks Drop As Fed Leaves Investors Uncertain About Rates
The Fed chair said the central bank “still has a ways to go” before it will be finished raising interest rates, and that they may go higher than previously anticipated.
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Investors Await the Fed’s Next Move
Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
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Fed Faces Tough Decisions as Inflation Lingers and Economic Risks Loom
The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more important.
