Jerome Hayden "Jay" Powell is the 16th and current Chair of the Federal Reserve, serving in that office since February 2018. He was nominated to the Fed Chair position by President Donald Trump, and confirmed by the United States Senate. Read More
US inflation reaches the highest level in four decades as consumer prices jump 7 per cent in 2021 as the consumer price index jumped 7 per cent last year, the fastest pace since 1981. ...
High inflation and COVID-19 new variant Omicron have made the outlook for emerging markets like India more uncertain. Another big challenge for the emerging economies would come from the policy rate hike from the United States Federal Reserve. ...
US stocks tumbled for a second week in a row, roiled by fears of an imminent rate hike by the Federal Reserve and the possibility of another round of global economic turmoil from potential measures to address the coronavirus Omicron variant. ...
