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Jerome Powell
Jerome Powell says higher and possibly faster rate hikes could be in US future
WASHINGTON ((DailyNews)) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously...
Fed, set to impose smaller hike, may hint of fewer increases
WASHINGTON ((DailyNews)) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the...
Fed set to extend inflation fight with 7th rate hike of 2022
WASHINGTON ((DailyNews)) — After four straight three-quarter-point interest rate hikes, the Federal Reserve is set to announce a smaller half-point increase in its key...
A diminished US workforce could lead Fed to keep rates high
WASHINGTON ((DailyNews)) — Still eager to hire, America’s employers are posting more job openings than they did before the pandemic struck 2½ years ago....
Powell: Fed to keep rates higher for longer to cut inflation
WASHINGTON ((DailyNews)) — The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell...
Stocks rally after Fed chair signals slowdown in rate hikes
Wall Street closed out a solid November with a broad market rally Wednesday after the head of the Federal Reserve said the central bank...
Powell: Rate hikes may slow, but inflation fight hardly over
WASHINGTON ((DailyNews)) — Federal Reserve Chair Jerome Powell sought Wednesday to strike a delicate balance at a moment when high inflation is bedeviling the...
Stocks fall after Fed says rates may rise more than expected
Stocks fell sharply after Federal Reserve Chair Jerome Powell signaled that interest rates may need to go even higher than previously thought in order...
Powell likely to be pressed on whether Fed will slow hikes
WASHINGTON ((DailyNews)) — Looming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed’s...
Powell’s stark message: Inflation fight may cause recession
WASHINGTON ((DailyNews)) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth,...
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