Tag: jerome-powell

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 Price Index (CPI) numbers released lately showed that prices rose 6.2 percent in October compared with the same...
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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 expectations of Americans reached an all-time high in October. Moreover, their opinions are unfavorable when it comes to...
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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 the economy, the United States Federal Reserve announced on Nov. 3, that it will be scaling down the...
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 coronavirus relief bill while testifying in front of the Senate Banking Committee. When Republican Senator John Kennedy asked whether...