Jerome Powell

Fed Looks to Raise Interest Rates
Banking & Capital Markets

Fed Looks to Raise Interest Rates

All eyes on the Fed as they announce the size of interest rate hikes later today.
By Andy Burt | June 15, 2022
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Fed Shifts Toward Rate Hikes Next Year
The Economy

Fed Shifts Toward Rate Hikes Next Year

The Fed's decision to speed up the tapering of its massive bond-buying program "says something about [its] desire to raise rates."
By Matthew Heller | December 16, 2021
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Experts React to Fed Chair Powell’s Renomination
The Economy

Experts React to Fed Chair Powell’s Renomination

The decision to stay the course with Powell was received positively, as both Powell and new vice-chair Lael Brainard are seen as relatively dovish.
By Vincent Ryan | November 22, 2021
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Fed Regional Chiefs Resign Amid Ethics Outcry
Risk & Compliance

Fed Regional Chiefs Resign Amid Ethics Outcry

The trading activities of Robert Kaplan and Eric Rosengren raised questions about whether they were "acting for personal profit" as Fed policymakers.
By Matthew Heller | September 28, 2021
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Fed Signals Bond-Buying Taper Coming Soon
The Economy

Fed Signals Bond-Buying Taper Coming Soon

The Fed's monthly purchases of government-backed bonds to prop up the economy "still have a use, but it’s time for us to begin to taper them."
By Matthew Heller | September 23, 2021
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Fed’s Powell Orders Review of Ethics Rules
Risk & Compliance

Fed’s Powell Orders Review of Ethics Rules

The move follows the disclosure that Dallas Fed President Robert Kaplan made multiple trades worth $1 million or more last year in individual stocks.
By Matthew Heller | September 17, 2021
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Progressives Urge Biden to Replace Fed Chief
Risk & Compliance

Progressives Urge Biden to Replace Fed Chief

A group including Rep. Alexandria Ocasio-Cortez says the Fed needs to be focused on "eliminating climate risk and advancing racial and economic justice."
By Matthew Heller | September 1, 2021
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Powell Remains Cautious on Stimulus ‘Tapering’
The Economy

Powell Remains Cautious on Stimulus ‘Tapering’

The Fed chair confirmed officials are moving toward winding down the monthly bond-buying program but was not specific about timing.
By Matthew Heller | August 27, 2021
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Bond Market Pricing in at Least One Interest Rate Hike in 2022
Credit & Capital

Bond Market Pricing in at Least One Interest Rate Hike in 2022

The bond market is currently pricing in a 56.8% chance of a rate hike by December 2022.
By Lauren Muskett | July 20, 2021
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Fed Officials See Inflation Surge Lasting Longer
The Economy

Fed Officials See Inflation Surge Lasting Longer

"Temporary is going to be a little longer than we expected initially ... Rather than it being two to three months it may be six to nine months."
By Matthew Heller | June 23, 2021
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Fed Holds Line on Rates Despite Rising Prices
The Economy

Fed Holds Line on Rates Despite Rising Prices

The central bank expects to maintain ultralow rates until “inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
By Matthew Heller | March 17, 2021
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Early Days of the Biden Presidency: The Quiz
The Quiz

Early Days of the Biden Presidency: The Quiz

How much have you been following the first few weeks of the Biden administration? Take our quiz to find out.
By CFO Staff | February 24, 2021
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Mnuchin to Let Emergency Credit Programs Lapse
Credit & Capital

Mnuchin to Let Emergency Credit Programs Lapse

If the economy "really goes south," the Treasury Secretary "will go down in history as the man who took away a safety net when it was really needed.”
By Matthew Heller | November 20, 2020
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Fed Chair Jerome Powell Calls for More Stimulus
The Economy

Fed Chair Jerome Powell Calls for More Stimulus

The central bank chair said fiscal stimulus is needed to help the economy recover from the effects of the coronavirus.
By Lauren Muskett | November 6, 2020
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Fed Survey: Household Finances Improve, Uncertainty Remains
The Economy

Fed Survey: Household Finances Improve, Uncertainty Remains

Overall, at least 77% of adults said they were at least “doing OK” in July, up from 72% in April.
By Lauren Muskett | September 22, 2020
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