The Latest Breaking News from Jerome Powell

Financial markets are a mess around the world. Fingers are pointing at the Fed

Customarily, the Fed and other central banks do as much as they can to keep markets calm. This time they're the reason behind the volatility.

WEKU · Sep 29, 2022

Is a global recession coming? More experts are raising the alarm

Figures including the head of World Trade Organization and Paul Krugman are expressing concern about economic outlook.

Al Jazeera · Sep 29, 2022

Bitcoin, Ethereum, Dogecoin Slip: Analyst Says Apex Crypto's Stabilization 'A Welcome Sign' Despite Lack Of Catalyst

The two largest coins were in the red Tuesday evening, as the global cryptocurrency market cap slipped 0.6% to $933 billion at 8:12 p.m. EDT.

Benzinga · Sep 28, 2022

Stock markets drop as Wall Street takes a gloomy view of the economy

The Dow dropped more than 450 points to close at the lowest level since November 2020.

WEKU · Sep 23, 2022

Jonathan Levin: Fed splits the difference on labor market pain

The Federal Reserve is inching toward acknowledging how painful its inflation fight is likely to be, but it’s still a lot closer to the optimists than the pessimists.

Tribune News Service · Sep 23, 2022

Asian bourses slip after Fed hike

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.

Bangkok Post · Sep 22, 2022

2 Stocks You Should Take off Your Watchlist This Fall

The central bank has dished out another 75 basis-point rate hike in its efforts to tame the decades-high inflation. With a recession expected to hit the economy soon, fundamentally weak stocks Snap (SNAP) and Palantir Technologies (PLTR) might be best avoided. Read on….

StockNews.com · Sep 22, 2022

The Fed says this is going to hurt, but it matters who feels the pain

Higher unemployment could be on the way, the central bank suggests.

Axios · Sep 22, 2022

More Americans apply for jobless aid

The number of Americans filing for jobless benefits rose slightly last week despite the Federal Reserve’s year-long battle against inflation that’s intended to cool the economy and the tight labor market

The Independent UK · Sep 22, 2022

Crude oil prices fall amid recession concerns

PTT reveals Q3 oil analysis

Bangkok Post · Sep 22, 2022