The Latest Breaking News from Jerome Powell

The global economy may have entered a new era: "The Great Volatility"

Pandemic, war and climate change have created rolling crises

Axios · Aug 29, 2022

Market Weakness Continues Following Powell's Warning Of Interest Rate 'Pain': Catalysts To Watch This Week

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by another 0.8% on Monday morning after a 3.4% plunge Friday in the wake of bearish com

Benzinga · Aug 29, 2022

Try These 3 Stocks Ideas for a Golden Retirement

The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance to hike the interest rates aggressively until inflation comes down to the target level is expected to keep the market…

StockNews.com · Aug 29, 2022

Equity investors' wealth falls by ₹3.23 lakh crore in early trade

Sensex tanked 1,466.4 points to 57,367.47 in morning trade

The Hindu · Aug 29, 2022

Equity investors' wealth falls by Rs 3.23 lakh cr in early trade

NEW DELHI: Investors' wealth fell by Rs 3.23 lakh crore in early trade on Monday in-line with the lacklustre trend in the equity market.

The Times of India · Aug 29, 2022

Asian shares slide on Wall Street drop that ended last week

Asian shares have declined after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation

The Independent UK · Aug 29, 2022

Central Bankers in Jackson Hole embrace tightening mission ahead

Top officials from the world’s biggest central banks coalesced around a simple message in Jackson Hole this weekend: They are ready to follow through with higher interest rates, even if it does some damage.

Tribune News Service · Aug 29, 2022

ASX plunges on Powell comments, Fortescue drags on subdued earnings, A2 Milk soars nearly 10pc

Australian shares have plunged, tracking Wall Street losses last week after US Federal Reserve Chair Jerome Powell reiterated a hawkish tone to battling inflation, while miner Fortescue Metals skidded after posting a lower annual profit.

ABC News · Aug 29, 2022

Warren says Fed policies could tip US economy into recession

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.

Tribune News Service · Aug 28, 2022

Warren "very worried" about inflation

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

Salon · Aug 28, 2022