Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Tag: Powell, Jerome H
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Investors Try to Parse Powell and Yellen’s Next Moves on Banks
Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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Powell and Yellen Suggest Need to Review Regulations After Bank Failures
Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
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7 Takeaways From the Fed Meeting and Powell’s News Conference
By raising interest rates a quarter-point, the Federal Reserve signaled that it was continuing to fight inflation, but it was holding off an aggressive move that might spook investors.
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Fed Meeting Holds High Stakes for Biden
The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.