The administration emphasized strength in consumer spending, even as Republicans blasted its management of the economy.
Author: Jeanna Smialek and Madeleine Ngo
Fed Chair Powell Calls a Faster Pace of Rate Increases ‘Appropriate’
Jerome Powell spoke at a moment of high inflation and economic uncertainty amid the war in Ukraine.
Fed Chair Powell Calls a Faster Pace of Rate Increases ‘Appropriate’
The Federal Reserve chair spoke at a moment of high inflation and economic uncertainty amid the war in Ukraine.
Federal Reserve Rolls Out Tough Trading Restrictions After Scandal
Top Federal Reserve officials will be banned from owning many securities after a trading scandal and a series of prominent resignations.
Lael Brainard is Tapped For Vice Chair of the Federal Reserve
The longtime Washington insider is now the central bank’s No. 2. That could give her more bandwidth to influence policy.