Category: Powell, Jerome H

Powell says that rates will rise more and remain high ‘for some time.’

The New York Times – Business:
The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.
A Holiday Season Divided by Inflation and Economic Struggles

The New York Times – Business:
Even if policymakers achieve a gentle economic slowdown, it won’t be smooth for everyone.
The Week in Business: The Fed Stays Its Course

The New York Times – Business:
Job growth slowed last month, but remained strong. Elon Musk cleaned house. And the economy will be a big issue in the midterms.
Workers Expect Fast Inflation Next Year. Could That Make It a Reality?

The New York Times – Business:
The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.
Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation

The New York Times – Business:
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.
Stocks Drop As Fed Leaves Investors Uncertain About Rates

The New York Times – Business:
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.
Investors Await the Fed’s Next Move

The New York Times – Business:
Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
Fed Faces Tough Decisions as Inflation Lingers and Economic Risks Loom

The New York Times – Business:
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.
Jerome Powell Is Popular. His War on Inflation Could Change That.

The New York Times – Business:
Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.
Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly

The New York Times – Business:
The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.
With So Much Riding on the Fed’s Moves, It’s Hard to Know How to Invest

The New York Times – Business:
Where the markets go from here depends on whether and how deftly the Federal Reserve pivots from its hawkish stance.
After Trading Scandal, a Fed President Corrects His Financial Reports

The New York Times – Business:
The Federal Reserve was rocked by scandal over trading by three of its officials. Now, the head of the Atlanta Fed is reporting undisclosed transactions.