Federal Reserve Chair Jerome Powell affirmed on Wednesday that recent spikes in inflation had not altered…
Tag: jerome powell
US Federal Reserve Prepared To Raise Interest Rates To Keep Inflation In Check: Jerome Powell
The US Federal Reserve is prepared to raise interest rates further to keep inflation in check…
US Shares Reach New Highs, Boosting World Stocks Amid Rate Hike Speculations
U.S. shares struck new highs for the year on Friday, setting world stocks up for gains…
Wall Street Stocks Drop as Federal Reserve Raises Interest Rates
Last Updated: May 04, 2023, 02:31 AM IST Wall Street stocks declined Wednesday after the Federal…
US Federal Reserve Expected to Raise Interest Rates for 10th Time Despite Economic Slowdown
The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth…
US Fed’s Powell Sets The Table for Higher, Possibly Faster Rate Hikes
The Federal Reserve will likely need to raise interest rates more than expected in response to…
US Fed Hikes Rates By 50 Basis Points, Sees Economy Nearing Stall Speed
The US Federal Reserve raised interest rates by half a percentage point (50 basis points) on…
Interest Rate Pace To Moderate In December, Says Fed Chair Jerome Powell
The Federal Reserve could slow the pace of interest rates hikes in the December meeting, said…