Jerome Powell
Deep Dive: Did Central Banks Get It Right In 2023?
Markets - Published date: .
With inflation falling and interest rates on hold, Investment Week asked experts if central banks had made the right c... Read more
All Eyes On The BoE As Federal Reserve Holds Rates At 22-year High
Markets - Published date: .
The Federal Reserve has held interest rates unchanged for the second successive meeting, raising hopes that the centra... Read more
Federal Reserve Opts To Leave Rates Unchanged But Maintains Hawkish Stance
Markets - Published date: .
The Federal Reserve opted to hold its benchmark interest rate at current levels, but maintained a hawkish stance on th... Read more
Wall Street Eyes Lower Open After Fed-driven Rally
Hedge Fund - Published date: .
The tech-heavy Nasdaq has declined 17.1% year-to-date, compared with a 9.8% drop in the S&P 500 and a 6.3% fall in t... Read more
Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire
AMERICA - Published date: .
Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more
Powell Warns Of 'significant Uncertainty' About The Recovery And Says Small Businesses Are At Risk
AMERICA - Published date: .
The Fed chairman repeated warnings about the economy during the first day of his semiannual testimony before Congress. Read more
Powell Says The Fed Doesn't Want To 'run Through The Bond Market Like An Elephant'
AMERICA - Published date: .
Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but... Read more
As States Reopen, It's A Race Against The Clock For Small Businesses To Pay Bills And Stay Solvent
AMERICA - Published date: .
As states reopen, the focus has turned to whether smaller companies can find enough business to survive, preventing a wa... Read more
Powell Says A Full Economic Recovery May Not Happen Without A Vaccine
AMERICA - Published date: .
The Fed noted that the recovery likely would depend on how Americans feel about their safety. Read more
Trump Advisor Kevin Hassett: Fed Chief Too Pessimistic On Time It'll Take For Economy To Recover
AMERICA - Published date: .
White House senior advisor Kevin Hassett told CNBC on Monday he disagrees with Fed Chairman Jerome Powell on the time-fr... Read more
Powell Says GDP Could Shrink More Than 30%, But He Doesn't See Another Depression
AMERICA - Published date: .
The central bank chief conceded that jobless numbers will look a lot like they did during the 1930s. Read more
Goldman Sachs Says A Second Wave Of Coronavirus Could Make The Fed Rethink Negative Interest Rates
AMERICA - Published date: .
But negative interest rates wouldn't be "very helpful" to the economy, said Zach Pandl, co-head of global foreign exchan... Read more
Powell Says More Policy Help May Be Needed To Pull The US Out Of Economic Downturn
AMERICA - Published date: .
Powell noted the unprecedented strength of fiscal and monetary measures already taken but stressed the need to make sure... Read more
Powell Says The Federal Reserve Is Not Considering Negative Interest Rates
AMERICA - Published date: .
"I know there are fans of the policy, but for now it's not something that we're considering," the central bank chief sai... Read more
Powell Says The Economy Will Likely Need More Support From The Fed For The Recovery To Be 'robust'
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell said more stimulus is needed to ensure a robust economic recovery from the corona... Read more
Federal Reserve Seeks Banks' Advice As It Gets Into Direct Lending With Coronavirus Relief
AMERICA - Published date: .
The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead... Read more
Fed's Neel Kashkari Says Coronavirus Economic Recovery 'could Be A Long, Hard Road'
AMERICA - Published date: .
Kashkari's comments came days after the Labor Department reported that another 6.6 million Americans filed first-time un... Read more
'I Feel Better' — Cramer Praises Fed's $2.3 Trillion In Loans To Help Businesses And Governments
AMERICA - Published date: .
"This is what is needed because we've got to fight off a depression," CNBC's Jim Cramer said. Read more
Coronavirus Stimulus Just Pushed Fed's Balance Sheet Past $5 Trillion For The First Time Ever
AMERICA - Published date: .
Though its efforts to keep markets running and boost the economy are just getting into gear, the Federal Reserve's asset... Read more
Former Fed Chairman Ben Bernanke Sees 'very Sharp' Recession, Followed By 'fairly Quick' Rebound
AMERICA - Published date: .
Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, Read more