Jerome Powell, Fed and Trump
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Just 36 months ago, Federal Reserve Chair Jerome H. Powell said low inflation — it had averaged just 1.7 percent for a decade — was the nation’s foremost economic challenge.
Japan's exports fell for a second straight month as sweeping U.S. tariffs took a toll on the country's manufacturers, and Canadian retailer Alimentation Couche-Tard pulled its $47 billion bid to buy Seven & i Holdings, citing a lack of constructive engagement by the Japanese retailer.
Here’s what investing pros said about Fed Chair Jerome Powell’s performance while heading up the Federal Reserve.
Powell’s testimony is hugely important and her plea is a big breakthrough for prosecutors, Jennifer Rodgers writes. Powell is the first cooperating witness who was part of the limited group that ...
Still to be determined is Iraq policy. Contrary to his critics, Powell is not soft on Saddam Hussein. However, he is reluctant to launch a unilateral attack on Iraq and remains interested in ...
Occasionally, academics reveal themselves, and it isn’t pretty. In their defense of academic freedom and tenure, Boyd professors Suzanne Marchand and R. Eugene Turner state, “We write this ...
As per Bespoke's data, Powell's tenure has seen particularly painful last hours on Fed rate decision days, with an average fall of 20.19 basis points in the benchmark S&P 500 index (SP500).
Jay Powell and Lael Brainard know rising inflation must be addressed, but not at the expense of getting people back to work.