Federal Reserve Chair Jerome Powell testifies before The Committee on Banking, Housing, and Urban Affairs on The Semiannual Monetary Policy Report to the Congress.
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
For instance, prices are slightly higher now compared to May 2024. “Inflation is still firmly above the Federal Reserve’s 2% target,” says Clark Bellin, chief investment officer at ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
The chair of the US Fed Board’s payments subcommittee, Christopher Waller, says he supports regulated stablecoins to help ...
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...