Jerome Powell

5 things to know before the stock market opens Monday
Business

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE U.S. stock futures were little changed Monday after strong gains last week that saw the […]

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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
World

Investors come off a strong week looking for more gains now that they have some clarity from the Fed

Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Spencer Platt | Getty Images With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A […]

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The Fed faces ‘so many unknowns’ now as it digs in to fight against inflation
World

The Fed faces ‘so many unknowns’ now as it digs in to fight against inflation

Federal Reserve officials made a stand Wednesday, switching from champions for employment equality to fighters of inflation. Can they pull it off? Source

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Here’s what changed in the new Fed statement
Finance

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Jan. 26. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both […]

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Here’s everything the Federal Reserve is expected to do at its meeting this week
Finance

Here’s everything the Federal Reserve is expected to do at its meeting this week

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022. Stefani Reynolds | AFP | Getty Images The Federal Reserve this week faces the monumental challenge of starting to undo its massive economic help at a time when conditions are […]

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Manchin comes out against Biden Fed nominee Raskin, throwing her confirmation into doubt
Politics

Manchin comes out against Biden Fed nominee Raskin, throwing her confirmation into doubt

Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, speaks before a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. Ken Cedeno | Reuters Sen. Joe Manchin, the most conservative Democrat in the […]

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