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.
Category: Powell, Jerome H
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Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly
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.
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With So Much Riding on the Fed’s Moves, It’s Hard to Know How to Invest
Where the markets go from here depends on whether and how deftly the Federal Reserve pivots from its hawkish stance.
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After Trading Scandal, a Fed President Corrects His Financial Reports
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.
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Federal Reserve Worry About Faster Inflation at Last Meeting
Minutes from the Fed’s September meeting showed many were more worried about doing too little to control inflation than too much.