Articles tagged under: Jerome Powell
Fed Delivers Interest Rate Hike
Published June 17, 2022
The Federal Reserve has increased interest rates three-quarters of a percentage point. Federal Reserve Board Chair Jerome Powell says ongoing increases in the rate are anticipated. "Clearly, a 75 basis point increase is an unusually large one; I do not…The New COVID Variant Could Have Economic Impacts
Published December 3, 2021
Federal Reserve Chairman Jerome Powell appeared before the Senate Banking Committee on Tuesday to talk about the possible impacts of the new COVID variant. "The recent rise in COVID-19 cases and the emergence of the omicron variant pose downside risks…Fed Responds to Economy and Coronavirus
Published March 2, 2020
Coronavirus has now infected nearly 90,000 people. There are more than 3,000 deaths associated with this virus, including two in the United States. Wall Street was hit hard this past week, prompting Federal Reserve Bank Chairman Jerome Powell to issue…