The Latest Breaking News from Jerome Powell

Powell says US economy to flourish, but data leave room for debate

The U.S. economy picked up in February, but the data so far this month is more mixed — leaving room for debate about whether the expansion will indeed “flourish” in the face of rising interest rates, as predicted by Federal Reserve Chair Jerome Powell.

Tribune News Service · Mar 17, 2022

US central bank raises interest rates, warns of impact from Ukraine war

The United States Federal Reserve has raised interest rates for the first time since 2018, as it tries to cool inflation, which is running at the highest level in 40 years. The Chair of the central bank, Jerome Powell, said the implications of the Russian invasion were "highly uncertain", pointing…

France 24 · Mar 17, 2022

Powell and 3 other nominees to Fed posts clear Senate panel

The Senate Banking Committee has approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve

The Independent UK · Mar 17, 2022

Why Beaten-Down Snap Stock Could Be Poised For A Reversal

Snap, Inc (NYSE: SNAP) was trading down more than 5% on Thursday compared to the S&P 500, which was trading near flat after a morning dip caused by Federal Reserve chairman Jerome Powell’s testimony in front of the Senate banking committee, where he said the central bank will go ahead with

Benzinga · Mar 3, 2022

Russian Invasion Creates 'Upward Pressure On Inflation,' Powell Says

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher on Thursday after Federal Reserve Chair Jerome Powell testified in front of Congress for the second straight day.

Benzinga · Mar 3, 2022

Powell Testimony Sends Stocks Higher: What Investors Need To Know

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded sharply higher on Wednesday after Federal Reserve chair Jerome Powell testified in front of Congress.

Benzinga · Mar 2, 2022

US Lawmakers Look To Tighten Grip On Crypto To Ensure Sanctions On Russia Are Effective

U.S. federal regulators are looking to tighten the regulation on cryptocurrencies to prevent them from acting as a tool for Russia to circumvent sanctions.

Benzinga · Mar 2, 2022

Powell backs quarter-point March rate hike, open to doing more

Federal Reserve Chair Jerome Powell backed a quarter-point interest-rate hike this month to commence a series of increases and didn’t rule out a larger move at some stage, despite uncertainty caused by Russia’s invasion of Ukraine.

Tribune News Service · Mar 2, 2022

White House unveils new Covid strategy including ‘test to treat’ plan – as it happened

White House Covid team unveils plan for next phase of pandemic including model where people who test positive can easily get treatment

The Guardian - US · Mar 2, 2022

Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is sending his clearest signal to date that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation

The Independent UK · Mar 2, 2022