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Who is Kevin Warsh? And why has President Trump tapped him to lead the Federal Reserve?
By: Josh Boak | AP
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WASHINGTON (AP) — President Donald Trump says he’ll tap former Federal Reserve governor Kevin Warsh as the next Fed chair to replace Jerome Powell in May — with Trump believing… Read More
Federal Reserve may keep rates unchanged for months as economy shows signs of health
By: Christopher Rugaber | AP
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WASHINGTON (AP) — Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in… Read More
Fed Chair Jerome Powell warns the fight against inflation is far from over
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Federal Reserve Chair Jerome Powell said on Friday inflation is still too high, and he warned that restoring price stability will likely require an extended period of… Read More
Another big Fed rate hike is here to battle inflation. Economy hangs in balance
By: David Gura | NPR
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Updated July 27, 2022 at 2:01 PM ET WASHINGTON, D.C. (NPR) — With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight… Read More
Fed Chair Jerome Powell Warns Of Long Road Ahead To Recover Millions Of Lost Jobs
By: Scott Horsley | NPR
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Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats.
Fed’s Jerome Powell: Jobless Rate Better Than Expected; Recovery To Take A Long Time
By: Steve Inskeep | Scott Horsley | Jim Zarroli | NPR
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In an interview with NPR, Powell says it may take years before the economy has fully recovered. He says practicing social distancing and wearing masks is essential for the economy to rebound.