The Latest Breaking News from Philip Jefferson

Stock Index Futures Muted as Bond Yields Tick Higher Amid Easing Banking Fears

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…

Barchart · Mar 28, 2023

Stock Index Futures Muted as Bond Yields Tick Higher, Bank Stocks Extend Recovery

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…

Barchart · Mar 28, 2023

S&P Futures Tick Higher as Easing Banking Woes Boost Sentiment

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.

Barchart · Mar 28, 2023

Fed's rate hikes likely to cause a recession, research says

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

The Independent UK · Feb 24, 2023

Fed tackles inflation with its most diverse leadership ever

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

The Independent UK · Aug 27, 2022

Hot inflation dims likelihood Fed can achieve 'soft landing'

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 Independent UK · Jun 13, 2022

Senate panel backs Michael Barr, Biden pick as Fed regulator

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

The Independent UK · Jun 8, 2022

Senate confirms Jefferson, fourth Black man to join Fed board - Roll Call

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

Roll Call · May 11, 2022

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

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

Tribune News Service · May 11, 2022

Senate approves Lisa Cook as first Black woman on Federal Reserve board of governors

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.

WEKU · May 11, 2022