Tag: Jerome Powell
Fed Raises Interest Rate Again, by 0.25%, Despite Banking Crisis
The announced increase is the ninth consecutive rate hike by the Fed in a year as the central bank continues to fight rising inflation.
As Expected, Fed Raises Rates by 0.25 Point
The move brings the federal funds rate to a range of 4.5 percent to 4.75 percent, up from nearly zero last March.
Fed Raises Interest Rates Again, This Time by Half a Percentage Point
Powell: “I just don’t think anyone knows whether we’re going to have a recession or not, and if we do, whether it’s going to be a deep one or not."
Israel’s Coronavirus Dead at 272; US to Reach 100,000 June 1; Fed Chair: Another...
Federal Reserve Chairman Jerome Powell said the current economic slump in the US “could stretch through the end of next year.”