1 of 11 | Federal Reserve chair Powell says interest rates will stay at high until inflation further cools 2 of 11 | Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Wednesday, May 1, 2024. (AP Photo/Susan Walsh) ...
In a recent interview with TIME, Federal Reserve Board Chair Janet Yellen made it clear that there are plenty of things about the economy both at home and abroad that the Fed — not to mention economists, investors, politicians and the rest of us — doesn’t grasp right now. Unemployment ...
FILE - Federal Reserve Board Chair Jerome Powell ends his news conference at the Federal Reserve in Washington, Wednesday, May 1, 2024. Powell has tested positive for Covid-19 late Thursday, May 16, 2024, and is experiencing symptoms, according to a statement fro...
Federal Reserve Board Chair Jerome Powell speaks during a news conference the Federal Reserve in Washington, Wednesday, March 20, 2024. (AP Photo/Susan Walsh) WASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest ...
8 of 9 | A screen at a trading post on the floor of the New York Stock Exchange displays the Federal Reserve interest rate decision, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew) 9 of 9 | Comments by Federal Reserve Chair Jerome Powell appear on a bank of screens...
Officially, the chair is the active executive officer of the Federal Reserve Board. The chair's main responsibility is to carry out the mandate of the Fed, which is to promote the goals of maximum employment, stable prices, and moderate long-term interest rates.1 The Fed is composed of ...
Federal Reserve Chair Powell delivers remarks at the Federal Reserve Board open meeting. Facebook Twitter Email Copy to clipboard Copy to clipboard Live Now All times easternNOW - 10:30 AM 10:30 AM 11:00 AM 11:30 AM 12:00 PM 12:30 PM...
bringing the board to full strength for the first time since 2006[64] with Duke's service after term end. Later, on January 6, 2014, the United States Senate confirmed Yellen's nomination to be chair of the Federal Reserve Board of Governors; she was the first woman to hold the ...
Speaking at a news conference, Chair Jerome Powell said, "The process of getting inflation back down to 2% has a long way to go and is likely to be bumpy." What causes inflation? There are three factors that could lead to inflation which include demand-pull inflation, cost-push inflation...