Jeanna Smialek
Posts
Fed Meets as Bank Chaos Collides With Inflation
The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its path ahead is newly...
Federal Reserve and Global Central Banks Act to Shore Up Dollar Access
America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.
Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems
The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory...
Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.
Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that...
SVB Collapse Upsets Expectations for Federal Reserve’s Rate Decision
The Federal Reserve has been rapidly raising interest rates to fight inflation. But making big moves could be tricker amid instability.
Jobs Report Gives Fed a Mixed Signal Ahead of March Decision
The Federal Reserve is anxiously parsing incoming data as it decides between a small or a large rate move this month.
Here’s What the Fed Chair Said This Week, and Why It Matters
Jerome H. Powell, the Fed chair, opened the door to a more aggressive policy path — but emphasized that it depended on incoming data.
Fed Chair Opens Door to Faster Rate Moves and a Higher Peak
In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
Why the Federal Reserve Won’t Commit
Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.
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.