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
The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994. ...
As the Dow (INDU) sank 876 points or 2.8 per cent on Monday, the US stocks have plunged into a bear market as Wall Street investors worry about drastic rate hikes. ...
US consumer prices rose 8.3% in the year to April, easing slightly from March while keeping inflation in the world's largest economy not far from the four-decade highs seen in recent months, the Labor Department said Wednesday. ...
Washington, April 30 US personal consumption expenditures (PCE) price indexes, the Federal Reserve (Fed)'s preferred inflation measure, continued ... ...