The Latest Breaking News from Jerome Powell

WASHINGTON — Sen. Elizabeth Warren took aim at the Federal Reserve’s inflation-fighting game plan on Sunday, saying she was worried the central bank will tip the U.S. economy into a recession.

Senator Warren talked inflation and Biden's student debt forgiveness with “State of the Union” host Dana Bash

Just as the week was shaping up strongly for the market, Fed Chair Jerome Powell played spoilsport, triggering a steep sell-off on Friday. Electric vehicle stocks were no exception, although a few did manage to close in the green.

RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman…

Palantir Technologies, Inc (NYSE: PLTR) ended Friday 5.7% lower in sympathy with the general markets, which reacted bearishly to U.S.

At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank's plan to cut inflation to 2% will cause "some pain" for U.S. households.

Fed Chair Jerome Powell’s hawkish speech at the Jackson Hole economic symposium indicates continued market volatility, as the odds of a recession will increase with the Fed raising rates aggressively. Therefore, investing in water ETFs Invesco Water Resources (PHO), First Trust Water (FIW), and iShares Global Utilities (JXI) might be…

  The Federal Reserve's objective is still to bring inflation back down to a target of 2%, Fed Chair Jerome Powell said Friday at the Jackson Hole Economic Symposium.