A day after Powell’s assurances, markets are worried
Federal Reserve Chairman Jerome Powell‘s insistence that the central bank is not deliberately trying to cause a recession and that
Everyone knows inflation is on fire. Here’s what’s
Meat is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy
Powell vows that the Fed is ‘acutely focused’
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters
Fed promises ‘unconditional’ approach to taking down inflation
U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters
Here are three things the Fed’s done wrong,
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022. Sarah
Inflation and recession fears are squeezing some industries
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as
Treasury Secretary Janet Yellen says recession isn’t ‘inevitable
U.S. Treasury Secretary Janet Yellen testifies before a House Ways and Means Committee hearing on President Biden’s proposed 2023 U.S.
Unexpected 0.3% decline, hammered by inflation
Retail sales turned negative in May as consumers pulled back spending while inflation surged, the Commerce Department reported Wednesday. Advance
Powell says the Fed could hike rates by
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell
Here’s how recessions became an inevitable part of
The U.S. has experienced at least 30 recessions throughout history, dating back as early as 1857. Some economists argue that
