In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
Tag: Federal Reserve System
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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How Biden Is Seeking to Reshape Business via the CHIPS Act
Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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What Layoffs? Many Employers Are Eager to Hang On to Workers.
Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.
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How the Fed Opened Pandora’s Box
Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.