Friday, January 21st, 2022

Tag: Fed

IMF urges Fed to speed up policy tightening amid rising inflation risk

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, June 22, 2021. Graeme Jennings | Pool | Reuters The...

Powell says Fed will discuss speeding up bond-buying taper at December meeting

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. Elizabeth Franz...

Fed Chair Powell says omicron variant poses risk to economy, complicates inflation

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin...

Fed risks running behind the curve, says former NZ central bank governor

The U.S. Federal Reserve runs the risk of running behind the curve on interest rates, a former governor of the Reserve Bank of New Zealand told CNBC on Friday. “Inflation is pushing up quite...

Fed ready to raise interest rates if inflation continues to run high, minutes show

Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising. The committee that sets interest rates for...

Biden picks Powell to lead U.S. Fed for a second term

SINGAPORE — Shares in Asia-Pacific were mixed in Tuesday trade as investors watched for market reaction to U.S. President Joe Biden picking Jerome Powell for a second term as Federal Reserve chair. South Korea’s...

Who is Lael Brainard? What to know about Biden’s Fed vice chair pick

U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s South Court...

Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation

Jerome Powell, who guided the Federal Reserve and the nation’s economy through the staggering and sudden Covid-19 recession by implementing unprecedented monetary stimulus, has been nominated for a second term as chairman of the...

Dow futures rise 150 points after Biden sticks with Powell to lead the Fed

Stock futures rose on Monday ahead of the holiday-shortened week as President Joe Biden announced that he would renominate Jerome Powell to lead the Federal Reserve. Futures on the Dow Jones Industrial Average gained...

If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact

Federal Reserve Chairman Jerome Powell poses for photos with Fed Governor Lael Brainard (L) at the Federal Reserve Bank of Chicago, in Chicago, Illinois, U.S., June 4, 2019. Ann Saphir | Reuters If Lael...