A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…
Tag: jerome powell
Federal Reserve hikes key interest rate 0.75 percentage point, projects economic slowdown
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.75 percentage point and signaled…
‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight | CNN Business
CNN — At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge…
Job openings rose in July after 3 months of declines
The number of job openings in the United States rose in July after three months of…
Fortunes of America’s richest people slashed by $78bn after Fed chief Powell’s speech
The fortunes of America’s richest people got slashed by $78 billion following Federal Reserve Chair Jerome…
Jerome Powell says Fed could keep lifting interest rates sharply
Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more…
Fed saw evidence of a slowing economy at its last meeting
Federal Reserve officials saw signs that the U.S. economy was slowing at their last meeting, when…
Federal Reserve expected to hike key interest rate
Investors and economists are bracing for another interest rate hike this week as central bank officials…
Fed says sharply higher rates may be needed to quell inflation
Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher…
