Jerome Powell
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
The Federal Reserve Just Pledged Asset Purchases With No Limit To Support Markets
AMERICA - Published date: .
The Federal Reserve launched a barrage of programs aimed at helping markets function more efficiently amid the coronavir... Read more
Trump Says GDP Would Be Near 4% And The Dow Could Be 10,000 Points Higher If It Weren't For The Fed
AMERICA - Published date: .
The president has repeatedly taken the Fed and Chair Jerome Powell to task for aggressively raising rates. Read more
Fed Could Use Negative Rates If US Recession Strikes, Goldman Sachs Chief Economist Predicts
AMERICA - Published date: .
The Federal Reserve could announce negative rates in the future, despite its current doubts about this unconventional me... Read more
US Productivity Was Weak In The Third Quarter, While Labor Costs Were Revised Lower
AMERICA - Published date: .
U.S. productivity for the third quarter was expected to slip by 0.1%, after dropping 0.3% in the previous quarter. Read more
US Productivity Was Weak In The Third Quarter, While Labor Costs Were Revised Lower
AMERICA - Published date: .
U.S. productivity for the third quarter was expected to slip by 0.1%, after dropping 0.3% in the previous quarter. Read more
Biden Says Trump's Pressure On The Federal Reserve Is An Abuse Of Power
AMERICA - Published date: .
"It's his way of abusing power across the board. It's a big mistake," Biden says of Trump's attacks on the Fed. Read more
Larry Summers: US Economy Is Just One Bad Recession Away From Zero Rates Or Worse
AMERICA - Published date: .
"I fear that's what we're headed into" here in America, warns the former Treasury secretary. Read more
Markets Have Been Betting That Trump's Twitter Attacks On The Fed Will Move Rates
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Trump has called Chairman Jerome Powell "clueless" and Fed officials "boneheads." Read more
Powell Says It's Possible The Fed Will Have To Resume Balance Sheet Growth
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Powell said on Wednesday that the Fed may have to resume regular balance sheet growth to help ease money markets. Read more
