Jerome Powell signals Fed could speed up tapering to bond-buying program
Federal Reserve Chairman Jerome Powell said it's time to retire the word "temporary" when it comes to inflation. Here's what that could mean for interest rates.
Most CFOs think higher prices will last through 2022, survey shows
A majority of U.S. businesses are hiking prices at a rapid clip as they seek to offset the pain of soaring inflation and a lack of available workers, according to a survey of American CFOs published on Thursday.
Fed's Powell pledges faster tapering timeline won't 'disrupt' markets
Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.
Fannie Mae says mortgage rates to end 2022 at 3.3%
Fannie Mae released its latest forecast, saying it expects mortgage rates to slowly rise over the next two years as the Federal Reserve responds to rising inflation.
Supply chain bottlenecks, labor shortage holding back US economy, Fed's Beige Book says
Supply chain bottlenecks and a worsening labor shortage threatened to undermine the U.S. economic recovery from the coronavirus pandemic this fall, according to a new Federal Reserve report.
US manufacturing grows for 18th consecutive month
The supply chain crisis is creating a boom for U.S. manufacturing.
Fed prepared to raise interest rates if inflation continues to surge
The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.
Powell admits Fed got it wrong on inflation, says they should stop calling it 'transitory'
Federal Reserve Chairman Jerome Powell acknowledged Tuesday that he now expects high inflation to continue into the middle of 2022, stating that the government should no longer push what had been a recurring slogan of it being "transitory."
Fed’s Bostic weighs Omicron variant and two rate hikes
Atlanta Federal Reserve President Bostic weighs in on the fast-moving Omicron COVID variant and rates hikes in 2022.
Fed prepared to hike interest rates if inflation remains elevated, minutes show
Federal Reserve officials raised concern last month about hotter-than-expected inflation and signaled they could raise interest rates if consumer prices continue to soar.
Inflation at risk of 1980s spike, says former Trump economic adviser
Inflation is not going away anytime soon, argues one prominent former White House economic adviser.
Powell is here to stay. Is inflation?
Markets climb a wall of worry, and the renomination of Jerome Powell as Federal Reserve chairman takes away one important uncertainty.
Powell pledges to use Fed's arsenal to prevent entrenched inflation after renomination
Jerome Powell on Monday pledged to use the Federal Reserve's full arsenal to prevent faster inflation from becoming more permanent after President Biden renominated him to another four years at the helm of the U.S. central bank.
What could Jerome Powell's Fed chair nomination mean for interest rates in 2022?
President Joe Biden announced on Monday that he will nominate Federal Reserve Chairman Jerome Powell to serve a second term. Here's what that could mean for interest rates.
Vice President Kamala Harris voted against Jerome Powell's first nomination as Fed Chair in 2018
Vice President Kamala Harris voted against Jerome Powell’s first nomination to lead the Federal Reserve during her time in the Senate in 2018 -- a vote resurfacing as President Biden announced his intent to nominate him for a second term.
Traders gear up for June interest rate hike after Biden renominates Powell
Wall Street is bracing for the Federal Reserve to raise interest rates from near-zero in June after President Biden on Monday picked Jerome Powell to lead the central bank for another four years.
Economist Steve Moore on Fed announcement: Brainard 'would have been a disaster'
FreedomWorks economist Stephen Moore argued on Monday, shortly after President Biden announced that he will nominate Jerome Powell to a second term as chairman of the Federal Reserve, that Lael Brainard “would have been a disaster” in the role.
Biden taps Fed’s Lael Brainard for vice chair: What to know
President Biden has tapped the Fed's Jerome Powell and Lael Brainard for top roles.
Biden taps Jerome Powell for second term as Fed chair, spurning progressives
President Biden will nominate Jerome Powell to a second term as chairman of the Federal Reserve, signaling that he believes the battle-tested central bank chief is the best person for one of the most high-stakes jobs in the world.
Harvard economist on ‘eye-popping’ inflation amid Federal Reserve uncertainty
Harvard Economist Kenneth Rogoff discusses inflation, Biden’s Build Back Better agenda and the Federal Reserve.

















