Business
The Federal Reserve is monitoring “significant risks” to the economy and will “continue to act as appropriate to sustain this expansion,” Chairman Jerome H. Powell said.
Sept. 6, 2019
The 80-19 vote reflects bipartisan support for the Fed’s drive to combat surging prices through a series of sharp interest rate hikes possibly into 2023.
May 12, 2022
The Fed’s chair says the surge in inflation is likely to continue in coming months before ‘moderating’ as price gains have surpassed forecasts.
July 14, 2021
Giving the Fed’s semiannual monetary report to Congress, Powell says that the Fed is content with where interest rates are.
Feb. 11, 2020
The last time the Federal Reserve faced inflation as high as it is now, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment. This time, says Jerome H. Powell, the Fed won’t have to go so far.
Sept. 8, 2022
Federal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame runaway inflation without hurting the job market.
June 29, 2022
In his first remarks since last week’s blockbuster jobs report, Fed Chair Jerome Powell said he expects a ‘significant decline’ in inflation — but also further rate hikes — in 2023.
Feb. 7, 2023
Fed Chair Jerome H. Powell met skepticism as he sought to reassure a Senate panel about the Fed’s efforts to tame inflation without causing a recession.
June 22, 2022
Federal Reserve Chair Jerome Powell says inflation is too high and getting to the Fed’s target will likely require a slower-growing economy and job market.
Oct. 19, 2023
Jerome H.
Feb. 5, 2018