Tag: Powell, Jerome H

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a…

Business
The Fed Wants to Fight Inflation Without a Recession. Is It Too Late?

The Fed Wants to Fight Inflation Without a Recession. Is It Too Late?

The Federal Reserve is poised to set out a path to rapidly withdraw support from the economy at its meeting…

Business
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms

The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms

Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its…

Business
As Fed Prepars to Raise Rates, Global Economy Sinks Deeper Into Turmoil 

As Fed Prepars to Raise Rates, Global Economy Sinks Deeper Into Turmoil 

Jason Furman, an economist at Harvard University, said many forecasters had been doing what investors sometimes refer to as “pricing…

Business
Senate Republicans Stall Crucial Vote on Fed Nominees

Senate Republicans Stall Crucial Vote on Fed Nominees

President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on…

Business
Fed Signals Rate Increase in March, Citing Inflation and Strong Job Market

Fed Signals Rate Increase in March, Citing Inflation and Strong Job Market

Federal Reserve officials signaled on Wednesday that they were on track to raise interest rates in March, given that inflation…

Business