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Tag: Jerome Powell

A "Help Wanted" sign hangs in a restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

US labor market sizzles; delivers large job and wage gains

U.S. job growth accelerated in January and wages increased by the most in nearly two years.

Read More US labor market sizzles; delivers large job and wage gains
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed's interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024. REUTERS/Evelyn Hockstein

Fed says more ‘confidence’ needed on inflation front before rate cuts can start

The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.

Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start

Chief market strategist on rate hike decision and state of the economy

Just a few weeks ago, many expected the Federal Reserve to continue raise interest rates.

Read More Chief market strategist on rate hike decision and state of the economy
Federal Reserve Raises Interest Rates by 0.50%, Highest Since 2007

Federal Reserve Raises Interest Rates by 0.50%, Highest Since 2007

with Jim Nelles – 12/14/2022

Read More Federal Reserve Raises Interest Rates by 0.50%, Highest Since 2007

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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