Jerome Powell

Federal Reserve’s Powell: 'This Is A Good Economy'

Ahead of this year's presidential election, the central bank chief said that unemployment is low, with inflation receding and growth continuing.
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Powell Says Inflation ‘Remains Too High’ — Hints: Fed Not Done Flirting With Recession

Powell’s speech highlighted the uncertainties surrounding the economy and the complexity of the Fed’s response to it.
By Christopher Rugaber, AP

Fed Raises Key Rate But Hints It May Pause Amid Bank Turmoil

The Federal Reserve reinforced its fight against high inflation by raising its key interest rate by a quarter-point to the highest level in 16 years.
By Christopher Rugaber, AP

Federal Reserve Hikes Interest Rates Again, Despite Bank Failures

One analyst said this interest rate increase, the ninth in the past year, shows the Fed's "willingness to roll the dice" with the economy.
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Elizabeth Warren Says Jerome Powell Should No Longer Be Fed Chair

"He has had two jobs," the senator told NBC’s "Meet the Press." "One is to deal with monetary policy. One is to deal with regulation. He has failed at both."
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Fed Chair Jerome Powell’s Threat To Raise Rates Inspires Bipartisan Pushback

His hawkish statement at a congressional hearing shows concern over a stronger-than-expected economy.
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Federal Reserve Chair Says It's 'Inappropriate' For Agency To Promote Climate Action

“We are not and we will not be a climate policymaker,” he told a panel in Stockholm.
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Federal Reserve Squeezes Economy Amid Increasing Criticism

With inflation an increasing challenge, it's more likely that the central bank will have to cause a recession to stop it, said Fed Chair Jerome Powell.
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Fed Unleashes Another Big Rate Hike But Hints At A Pullback

The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
By Christopher Rugaber, AP

Fed Chair Jerome Powell Says He Doesn't Know If He's Causing A Recession

Powell spoke more candidly than before about the economic risks of hiking interest rates in order to reduce inflation.
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