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Tag: Jerome Powell

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Global Economy Bets on China Learning to Live With COVID-19: Analysis
Those who believe the world economy can avoid the hardest of landings next year are watching China closely...
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Oil Prices Ease 1% as Dollar Firms and Central Banks Hike Interest Rates
Oil prices eased about 1 percent on Thursday as traders worried about the fuel demand outlook due to...
Federal Reserve Board Chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill November 30, 2021 in Washington, DC.
American Economy Could Be Headed Toward 1970s-Style Stagflation, Warns Economist
The United States is grappling with the highest levels of inflation in over thirty years. The Consumer...
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NY Fed Survey Reveals Inflation Expectations at Record Levels, Living Expenses Shoot Up
In its latest monthly survey, the Federal Reserve Bank of New York revealed that the short-term inflation...
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Federal Reserve to Begin Reducing Bond Purchases Beginning This Month
In a step towards withdrawing the massive support it has been providing to the financial markets and...
Federal Reserve Chair Jerome Powell declined to take a stance on President Biden’s proposed $1.9 trillion coronavirus relief bill while testifying in front of the Senate Banking Committee.
Fed Chair Powell Avoids a Stance on Biden’s $1.9 Trillion Pandemic Aid
Federal Reserve Chair Jerome Powell declined to take a stance on President Biden’s proposed $1.9 trillion...