Jerome H. Powell, the chair of the Federal Reserve, voiced worry about inflation expectations and declared the central bank ready to do what it takes to control rapid price increases.
Author: Jeanna Smialek
Powell Says Fed Could Raise Rates More Quickly to Tame Inflation
Jerome H. Powell, the chair of the Federal Reserve, voiced worry about inflation expectations and declared the central bank ready to do what it takes to control rapid price increases.
Sarah Bloom Raskin, Biden’s Pick for Fed Vice Chair for Supervision, Withdraws
Sarah Bloom Raskin did not appear to have the votes for Senate confirmation as Fed vice chair for supervision after a key Democrat withheld his support.
Could Inflation Prompt Powell to Act Like Volcker?
The Federal Reserve is facing the fastest inflation most Americans have ever seen. Its chair says policymakers will do what it takes to tame prices.
CPI Is Expected to Put Inflation at 7.8% for February 2022
Consumer Price Index inflation has been boosted by gas prices, but also by increases across a wide variety of products and services.
Federal Reserve Chair Pledges to Bring Inflation Under Control
Jerome H. Powell, the head of the Federal Reserve, told lawmakers the Fed was prepared to prevent a rerun of 1970s inflation.
Biden’s Fed Nominees Are Frozen as One Faces Republican Questions
Sarah Bloom Raskin, his choice for the Federal Reserve’s head of bank oversight, has faced staunch G.O.P. opposition over her climate views. Yet her private sector work is holding up her nomination.
Biden’s Fed Nominees Are Frozen as One Faces Republican Questions
Sarah Bloom Raskin, his choice for the Federal Reserve’s head of bank oversight, has faced staunch G.O.P. opposition over her climate views. Yet her private sector work is holding up her nomination.
Powell Says Rates Are Headed Higher, Even as Ukraine Poses Uncertainty
Federal Reserve Chair Jerome Powell said he supports a quarter-point increase at the March meeting.
A Key Inflation Gauge Is Still Rising, and War Could Make It Worse
The Federal Reserve’s preferred measure is at a four-decade high. Rising gas prices tied to Russia’s invasion of Ukraine could push it up further.