The Latest Breaking News from Philip Jefferson

June S&P 500 futures (ESM23) are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.20% this morning after the Dow and S&P 500 closed in the green on Monday as a buyout deal for the failed Silicon Valley Bank calmed investor concerns about the banking sector, while…

June S&P 500 futures (ESM23) are trending up +0.06% this morning as a buyout deal for the failed Silicon Valley Bank calmed investor worries about problems in the banking sector.

Can the Federal Reserve keep raising interest rates and defeat the nation’s worst bout of inflation in 40 years without causing a recession

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate

Philip Jefferson will become the fourth Black man to join the Fed board after the Senate confirmed him with strong bipartisan support.

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Cook is only the second of Biden's five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition.