Fed’s Powell Says ‘Time Has Come’ to Cut Interest Rates August 23, 2024 By Ann Saphir and Howard Schneider JACKSON HOLE, Wyoming, Aug 23 (Reuters) – Federal Reserve Chair Jerome Powell said on Friday “the time has come” for...
Fed’s Powell Prepares for Possible Pivot With Inflation Risks Rising December 2, 2021 By Jonnelle Marte and Lindsay Dunsmuir The U.S. central bank needs to be ready to respond to the possibility that inflation may not recede in the...
Renominated Federal Reserve Chair Powell Committed to Addressing Climate Risk November 23, 2021 By Nandita Bose U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s...
Risks of Business Failures ‘Remain Considerable,’ Says Fed February 22, 2021 By Howard Schneider The risks of ongoing business failures in the United States “remain considerable” even as the economy emerges from the coronavirus...
Getting Digital Currency Right More Important Than U.S. Being First, Says Fed’s Powell October 21, 2020 In any development of a cross-border digital currency, it is more important for the United States “to get it right...
Economy Will Need More Government Help to Recover, Says Fed Chair Powell May 18, 2020 The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve...
Fed Chair Says Wells Fargo Must Address Risk Management Before Any Growth December 11, 2018 By Patrick Rucker and Imani Moise Wells Fargo & Co. must keep a lid on its growth until the bank has hardened its risk management policies...