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Tag: Powell, Jerome H
CPI December 2021: Inflation Jumped at Fastest Pace Since 1982
Inflation climbed to its highest level in 40 years at the end of 2021, a troubling development for President Biden…
Jerome Powell Says Fed Is Prepared to Raise Rates to Tame Inflation
Jerome H. Powell, the Federal Reserve chair, told lawmakers on Tuesday that a rapidly healing economy no longer needed as…
Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say
There is still a lot scientists do not know about Omicron. There is cautious optimism — but no certainty —…
The Fed Meets Amid Faster Inflation and Prepares to React
Federal Reserve officials, worried about rising costs and buoyed by a healing labor market, are pivoting from bolstering the economic…
Consumer Prices Rose at Fastest Pace Since 1982
Prices are rising at the fastest clip in nearly 40 years, fresh data released on Friday showed, as supply chain…
A Top Official Says the Fed Will ‘Grapple’ With a Faster Bond-Buying Taper
John C. Williams, president of the Federal Reserve Bank of New York, said the latest variant of the coronavirus could…