Por: The Hill Politics September 24, 2022
Federal Reserve Chair Jerome Powell said Wednesday he expects the U.S. economy to slow under the weight of the central bank’s interest rate hikes to a point that could cause job losses. Speaking after the Fed issued another rate hike, Powell said the U.S. may be able to avert a full-blown recession but could not avoid hardship as the bank ramps up its fight against inflation. , the fifth rate hike this year and third 75 basis point hike in... + full article
Associated Press USA Business September 28, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that will need greater regulation as they become more widely used by consumers. Powell also said, in virtual remarks to a conference on digital finance in Paris, that the Fed hasn’t yet decided on whether to... + más
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Forbes USA Business September 27, 2022
Susan Collins, professor at the University of Michigan, right, and Donald Vereen arrive for dinner ... [+] during the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Thursday, Aug. 23, 2018. Federal Reserve... + más
Chicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year | MarketWatch
Associated Press USA Business September 26, 2022
WASHINGTON (AP) — Susan Collins, the new president of the Federal Reserve Bank of Boston, said Monday that a higher unemployment rate will be needed to bring down inflation , but also suggested any economic downturn would likely be modest. In her first speech as Boston Fed... + más
Boston Fed's Collins says 'modest slowdown' is possible | ABC News
Georgia Tech board calls meeting with Collins' future murky | Associated Press
The Hill USA Politics September 24, 2022
The Fed hiked interest against and the risks of an economic downturn are rising. We’ll also look at Republican divides over spending, another dip in home sales and a small bump in gas prices. But first, what to know about the New York attorney general’s lawsuit against ... + más
Jerome Powell’s inflation-unemployment tradeoff | The Hill
Powell: Fed hikes will likely boost unemployment | The Hill
ABC News USA Business September 22, 2022
WASHINGTON -- The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair Jerome Powell acknowledged what many... + más
Fed attacks inflation with another big rate hike and expects more | Chicago Tribune
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
The Boston Globe USA Opinion September 22, 2022
If there’s one good thing about this economy, it’s the labor market. Wages are rising, unemployment is down to , and workers have more leverage over their employers than they’re used to. But Federal Reserve chair Jerome Powell has had enough of that, and it seems he’d... + más
High inflation in sight, Fed to signal more rate hikes ahead | Associated Press
ABC News USA Business September 21, 2022
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
Global shares decline ahead of Fed decision on rates | ABC News
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