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World
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International
2/8/2023 6:23:56 PM
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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Business
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Economy
2/7/2023 5:51:30 PM
Wall Street teetered between gains and losses in premarket trading Tuesday ahead of a discussion with Federal Reserve Chair Jerome Powell that might give clues about the central bank's interest rate plans for 2023.
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World
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International
1/10/2023 5:31:26 PM
The US Federal Reserve has only a limited role to play in combating climate change, Chair Jerome Powell said Tuesday, a stance that puts him at odds with environmental activists who have pushed central banks worldwide to take steps to restrict lending to energy companies.
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World
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International
11/30/2022 9:37:38 PM
The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said Wednesday, as the US central bank's campaign to cool prices trickles through the world's largest economy.
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Business
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Economy
11/3/2022 11:00:21 AM
Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.
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Business
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Economy
11/2/2022 10:52:06 PM
The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.
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Business
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Economy
9/20/2022 8:31:10 PM
US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation.
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Business
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Economy
8/29/2022 11:42:01 AM
Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospects of a cut in the new year.
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War in Ukraine
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Economy
8/25/2022 7:05:49 PM
European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian supplies, while equities rose on the eve of a key speech from Federal Reserve chair Jerome Powell.
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World
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International
8/23/2022 9:54:16 AM
Wall Street equities tumbled on Monday, with all three major indices ending with losses of about two percent or more, as investors nervously eye Federal Reserve Chair Jerome Powell's next speech on Friday.
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Business
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Markets & Companies
6/23/2022 11:48:40 AM
Asian markets mostly rose Thursday on bargain buying after the previous day's battering, though oil extended losses after US Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.
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Business
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Economy
3/21/2022 8:45:12 PM
The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what's needed to contain "much too high" inflation, Federal Reserve Chair Jerome Powell said Monday.
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World
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International
11/22/2021 6:21:43 PM
US President Joe Biden on Monday nominated Jerome Powell for a second term as Federal Reserve Chair, allowing him to continue his role overseeing the economy's recovery from Covid-19.
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World
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International
3/16/2018 5:15:54 PM
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World
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International
3/5/2018 10:09:56 AM
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