The Federal Reserve chairman has sworn to fight runaway price increases, but Powell's critics fear he’ll cave in to political pressure before he wins the battle.
Bremner. Chairman of the Fed: William McChesney Martin, Jr., and the Creation of the Modern Federal Reserve System . New Haven, Conn.: Yale University Press, 2004. vi + 357 pp. ISBN 0-300-10508-8, $38.00. Two men headed the Federal Reserve System for 40 percent of its history. ...
Federal Reserve Chairman Jerome Powell on Tuesday said he would prefer using monetary policy tools other than negative interest rates in the event of a downturn. President Donald Trump lashed out at Federal Reserve Chairman Jerome Powell on Tuesday as the central banking chief...
Federal Reserve chairman Ben Bernanke testified today before the Joint Economic Committee, U.S. Congress, Washington, D.C. Here are a few excerpts from his prepared testimony: From the Fed:The U.S. economy has contracted sharply since last autumn, with real gross domestic product (GDP) having...
U.S. Federal Reserve Chairman Jerome Powell said late March that the inflation outlook had deteriorated significantly this year even before the Russia-Ukraine conflict. The rise in inflation, he said, has been "much greater" and "more persistent" than forecasters generally expected, noting that ...
Federal Reserve Chairman Ben Bernanke and New York Fed President William Dudley both took to the podium yesterday. Dudley spoke directly to the current intersection between the economic outlook and monetary policy, while Bernanke took on the topic of monetary policy in a global context. Despite comi...
IT WAS A simple, stunning admission. “We have had price stability for a very long time and maybe come to take it for granted,” said Jerome Powell, chairman of the Federal Reserve, last month. Many factors explain the latest burst in inflation, with snarled supply chains, tight job mark...
Just last year there was a panic at the 16th largest bank. AFederal Reserve report blamedbank mismanagement but also inadequate supervision by the Fed itself. Scott Pelley: You seem confident in the banks, and yet the Silicon Valley Bank, second largest failure in U.S. history. Did the Fed...
By Pam Martens and Russ Martens: September 22, 2021 ~ Federal Reserve Chairman Jerome Powell took a few wonky questions from various reporters at his
Bremner. Chairman of the Fed: William McChesney Martin, Jr., and the Creation of the Modern Federal Reserve System . New Haven, Conn.: Yale University Press, 2004. vi + 357 pp. ISBN 0-300-10508-8, $38.00. Two men headed the Federal Reserve System for 40 percent of its history. ...