U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell’s speech in Sweden amid investor concern over inflation and economic slowdown. The Read more
Tag: Powell
The Fed is not a ‘climate-policy maker,’ Powell says
The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in Read more
Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and signaled more tightening next year. The half-point increase brings the Fed’s federal funds rate up Read more
Stocks turn higher after Powell says pace of rate hikes will slow in December
Stocks turn higher after Powell says pace of rate hikes will slow in December
Opinion: The Federal Reserve’s Jerome Powell aims to set things straight but leaves us dazed and confused
Federal Reserve Chairman Jerome Powell on Wednesday announced the central bank raised interest rates by 75 basis points, as expected by economists and investors. But there were new pieces of Read more
Two-year Treasury yield hits highest since 2007 as Powell comments reverberate
Bond yields rose on Thursday to new cycle highs as the fallout from the Federal Reserve’s latest rate hike and commentary continued to reverberate across markets. What’s happening The yield Read more
Two-year Treasury yield hits highest since 2007 as Powell comments reverberate
Bond yields rose on Thursday to new cycle highs as the fallout from the Federal Reserve’s latest rate hike and commentary continued to reverberate across markets. What’s happening The yield Read more
5 things we learned from Jerome Powell’s ‘whipsaw’ press conference
No one was surprised Wednesday when the Fed lifted its benchmark interest rate by 0.75 percentage points for the fourth consecutive policy meeting, raising the fed funds rate to a Read more