Federal Reserve System – Page 97

Lisa Cook Becomes First Black Woman Confirmed as a Fed Governor

Ms. Cook is the first Black woman ever confirmed as a governor at the Federal Reserve.

Fed Confronts Why It May Have Acted Too Slowly on Inflation

Central bankers have been asking whether they should have reacted faster to rising inflation last year — and are learning from the recent past.

Fed Officials Are on the Defensive as High Inflation Lingers

Critics have accused the Federal Reserve of not reacting quickly enough to tame rising prices. On Friday, a Fed governor explained why it took so long.

Stocks Slide, Erasing Wednesday’s Gains

Swings in the stock market have become amplified lately, as investors worry that inflation and fast-rising interest rates could hit spending, profits and — ultimately — economic growth.

Your Wednesday Evening Briefing

Here’s what you need to know at the end of the day.