Page 18 - Jerome Powell
US Senate confirms Jerome Powell to second term as Fed chair amid inflation
Biden in a statement issued following Powell's confirmation said that he is pleased by the Senate's actions and that it will help move forward the administration's agenda to fight inflation
 "US Senate confirms Jerome Powell to second term as Fed chair amid inflation")
Dollar falls to one-week low as US fed pushes back against 75 bp hike
U.S. central bank is not actively considering a 75 basis point increase, but that additional 50 basis point jumps should be on the table for the next couple of meetings: Jerome Powell
 "Dollar falls to one-week low as US fed pushes back against 75 bp hike")
Fed hikes rates half point, will shrink assets to curb US inflation
The US central bank will begin allowing its holdings of Treasuries and mortgage-backed securities to roll off in June.
 "Fed hikes rates half point, will shrink assets to curb US inflation")
Dollar approaches 20-year highs, US Federal Reserve meeting in focus
The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years
 "Dollar approaches 20-year highs, US Federal Reserve meeting in focus")
US Fed's closely watched inflation measure continues to surge 6.6% in March
Excluding the volatile food and energy, the core PCE price index increased 5.2 per cent in March from a year ago, compared with 5.3 per cent in February, Xinhua news agency reported
 "US Fed's closely watched inflation measure continues to surge 6.6% in March")
Fed chief Jerome Powell pivots toward 50 bps interest rate hikes
Jerome Powell is taking direct aim at strong demand that the central bank wants to cool
US recession warning? Part of yield curve inverts for first time in 16 yrs
Shorter maturities have been selling off faster than their longer-dated peers this year as investors ratchet up expectations the Fed will hike rates to combat inflation
 "US recession warning? Part of yield curve inverts for first time in 16 yrs")
'If required, Fed will go for more aggressive rate hikes to curb inflation'
The Fed last week raised its benchmark interest rate by a quarter percentage point to a range of 0.25% to 0.5% from near zero
Dollar gains ground after Fed chief Powell's comment over monetary policy
The dollar strengthened against a basket of major currencies on Monday, in the wake of comments from US Federal Reserve Chair Jerome Powell
 "Dollar gains ground after Fed chief Powell's comment over monetary policy")
Fed must move 'expeditiously' and, if needed, more aggressively: Powell
Fed policymakers last week raised interest rates for the first time in three years and signaled ongoing rate hikes ahead
History shows the heat will be on Fed Reserve post interest rise hike
Not all of the Fed's efforts to tighten monetary policy have worked the same way.
Fed raises US interest rates by 25 bps in opening bid to curb inflation
The interest rate path shown in new projections by policymakers is tougher than expected, reflecting Fed concern about inflation that has moved faster
Ready for more rate hikes, says US Federal Reserve's Jerome Powell
Russia's attack has whiplashed financial markets and sent energy and commodity prices surging, with West Texas Intermediate crude hovering around $110 a barrel.
Russia's war on Ukraine will worsen inflation, says Fed's Jerome Powell
Consumer prices are already rising at their fastest pace in four decades, having jumped 7.5 per cent in January compared with 12 months earlier
Powell backs 25 bps March rate hike, says Fed ready to be more aggressive
Powell called the Russian invasion of Ukraine 'a game changer' that could have unpredictable consequences
 "Powell backs 25 bps March rate hike, says Fed ready to be more aggressive")
Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike
The Dow Jones Industrial Average was up 2.13% at 34,004.63 points, while the S&P 500 gained 2.17% to 4,399.6
 "Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike")
Top Fed officials back March liftoff as consensus takes shape
The remarks on Friday by Governor Lael Brainard and New York Fed President John Williams, as well as Chicago Fed chief Charles Evans, showed officials eager to get tightening under way
Fed chief Powell to give policy update to Congress in early March
Powell will deliver his regular semiannual monetary policy update to the US House Financial Services Committee on March 2 and appear before the Senate Banking Committee on March 3
Fed board names Powell as 'chair pro tempore' while awaiting Senate vote
The US Federal Reserve Board has named Jerome Powell as "chair pro tempore", pending his confirmation by the Senate for a second term as Chair of the central bank
Fed nominees say inflation is 'grave threat' to US growth, vow to fight
Consumer prices rose 7% last near--more than twice the central bank's 2% goal--cheapening American wages and eating into household budgets.