Earlier this year, the Federal Reserve turned to its most potent weapon — raising interest rates…
Tag: federal reserve
U.S. inflation surging at fastest pace in 40 years
U.S. inflation surging at fastest pace in 40 years – CBS News Watch CBS News Prices…
Fed Chairman Jerome Powell warns of widespread bankruptcies in
Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from…
Biden taps Michael Barr for Fed’s bank regulation position
WASHINGTON — President Joe Biden announced Friday he plans to nominate Michael Barr, the dean of the…
Federal Reserve announces interest rate hike
The Federal Reserve announced it is raising interest rates on Wednesday — a move to combat…
Sarah Bloom Raskin withdraws nomination to Federal Reserve board
Washington — Sarah Bloom Raskin has withdrawn her nomination to a key position on the Federal…
Raskin nomination for Fed endangered by Manchin’s opposition
Washington — Sen. Joe Manchin, a West Virginia Democrat, said Monday that he opposes the nomination…
3/13: Kuleba, Georgieva, El-Erian
3/13: Kuleba, Georgieva, El-Erian – CBS News Watch CBS News This week on “Face the Nation,”…
Republicans take aim at Biden’s Federal Reserve nominees at tense confirmation hearing
President Biden’s nominees to serve on the Federal Reserve Board of Governors faced a heated grilling…
Fed appears poised to hike interest rate in March in effort to tackle inflation
The Federal Reserve on Wednesday signaled it is ready to tackle inflation as prices have shot…
