Federal Reserve

Clarida, a Republican and Columbia University economist, is a managing director and global strategic advisor at PIMCO, the investment management firm.

U.S. stock indexes joined a worldwide slide Thursday, as investors wait to see if Federal Reserve Chairman Jerome Powell will again move markets with his testimony before Congress.

The Latest on Federal Reserve Chairman Jerome Powell's testimony to the Senate Banking Committee (all times local): ___ 10:50 a.m.

Federal Reserve Chairman Jerome Powell had a smooth public debut in his new job as head of the nation's central bank.

Asian shares were mixed Thursday as sentiments got initially dragged down by a slide on Wall Street, but Chinese benchmarks later recovered on optimism for growth.

Asian shares slid in subdued trading Wednesday after the head of the U.S. Federal Reserve said that he's feeling more optimistic about the economy.

Stocks and bonds held relatively steady in early trading on Tuesday, and the Standard & Poor's 500 index was wavering between small gains and losses.

Federal Reserve Chairman Jerome Powell, making his first public comments as leader of the nation's central bank, is telling Congress that the outlook for the U.S. economy "remains strong" despite the recent stock market turbulence.

Stocks retreated after Fed Chair Jerome Powell's testimony on Capitol Hill.

Federal Reserve Chair Jerome Powell said on Tuesday he expects wage growth to accelerate over the course of the coming year, thanks in part to recent policies implemented by the Trump administration.

The Latest on Federal Reserve Chairman Jerome Powell's testimony to the Joint Economic Committee (all times local): ___ 10:15 a.m.

The latest on developments in financial markets (all times local): 9:35 a.m.

Fed Chair Jerome Powell said Tuesday in testimony before Capitol Hill testimony, that the economic outlook remains strong despite weaker than expected inflation and moderate wage growth.

WASHINGTON — When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word.

Stocks climbed again on Monday as markets around the world continue to claw back from their sharp tumble last month.

Investors are pricing in only two rate hikes this year, putting 50% odds on a third increase.

If the Fed continues to hike short-term rates, he said, the result could be policy that is too tight for the current economy.

Asian stocks rose Monday after Wall Street rallied as investors looked ahead to the U.S. Federal Reserve chairman's congressional testimony this week for insights into its economic outlook.

Most Wall Street strategists believe that fears about inflation may be overblown and it will be a while before the 10-year Treasury yield hits 3%