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The Latest Breaking News from Jerome Powell

Prospect of US interest rate hikes sends stock markets tumbling

Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind"…

France 24

Markets tumble as US Fed signals end of pandemic-era cheap cash

Equity markets tanked Thursday following a late sell-off on Wall Street in reaction to a surprisingly hawkish turn by US Federal Reserve boss Jerome Powell, who signalled the bank would begin lifting interest rates in March.

Bangkok Post

Markets rebound as US economy records fastest growth since 1984 – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Asian stocks slump after Fed says US rates will rise 'soon'

Asian stock markets have tumbled by unusually wide margins after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation

The Independent UK

US Federal Reserve indicates increase in interest rates as inflation rises

Fed chair Jerome Powell said the central bank would make a decision on the rate raise in its March meeting

The Guardian - US

Prepare for liftoff: Fed signals March interest rate hike

The US Federal Reserve left interest rates unchanged, but Powell said the Fed is ‘of a mind’ to raise them in March.

Al Jazeera

Federal Reserve signals rate increases imminent

The central bank's policy statement made clear tighter money is on the way

Axios

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Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Fed to signal rate hike as it launches risky inflation fight

With inflation punishing consumers and threatening the economy, the Federal Reserve will likely signal its intent this week to begin raising interest rates in March for the first time in three years

The Independent UK

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