The central banker is upbeat about the labor market and growth as his time as chair nears the end. And he has a few pointers for his successor.
4 minute read
Rick Rieder, who oversees $2.7 trillion in assets, was once a long shot to succeed Jerome Powell. Not anymore.
Long Read
Nearly everyone expects the Fed to pause rate-cutting at its policy-setting meeting this week. The main attraction will be Chair Jerome Powell’s postmeeting news conference.
3 minute read
Thursday’s report shows core PCE at 2.8%, reinforcing policymakers’ cautious stance on rate cuts.
3 minute read
The potential market fallout loomed over oral arguments held on Wednesday.
4 minute read
The justices will decide whether President Donald Trump can fire Federal Reserve Governor Lisa Cook. The implications are far-reaching.
4 minute read
The latest report delivered a somewhat brighter view of the U.S. economy.
3 minute read
Inflation, he said, is still the main reason many households feel under pressure.
3 minute read
Miran argues that deregulation removes barriers to production, which the Fed should accommodate with lower rates. Not all of his colleagues would agree.
2 minute read
Paulson said the current level of the federal-funds rate remains “a little restrictive.”
3 minute read
JPMorgan Chase CEO Jamie Dimon warns the Justice Department’s grand jury subpoena of Federal Reserve Chair Jerome Powell risks undermining confidence in the central bank and could ultimately push inflation expectations and interest rates higher.
2 minute read
The investigation has hardened resistance in the Senate, strengthened Fed Chair Jerome Powell’s position, and complicated the transition to his successor.
Long Read
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