Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry's bidding by considering changes ...
Tag: Jerome Powell
Fed holds rates steady, sees just one cut in 2024 despite inflation progress
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as ...
Federal Reserve minutes indicate worries over lack of progress on inflation
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee ...
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central ...
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on ...
This inflation-focused ETF may be in a sweet spot
It's an exchange-traded fund designed to profit from higher rates.But even if the Federal Reserve starts to cut this year, ...
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at ...
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market ...
Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy ...
Asian shares mixed as Fed’s Powell rethinks rate cuts, yields jump
SYDNEY - Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart ...
