Jay Powell

How Jay Powell and the Fed pivoted back to higher for longer

Business
Jessica Roberts

For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part ...

Jay Powell really wants Americans to know he is not thinking about politics

Politics
Amanda Smith

Jay Powell really wants Americans to know that the Federal Reserve is not taking into account the presidential election or politics this ...

The Fed’s inflation story ‘hasn’t really changed’: Morning Brief

Business
Jessica Roberts

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: ...

Steve Mnuchin is betting regulators don’t want NYCB to become another SVB

Business
Jessica Roberts

Former Treasury Secretary Steve Mnuchin is making a big bet that regulators don’t want NYCB to become the next SVB. He and ...

Why the Fed now finds itself on a collision course with the 2024 election

Politics
Amanda Smith

Fed Chair Jay Powell’s political conundrum is getting more challenging with each new week of 2024. The year began with markets all ...

Powell calls Fed policy ‘restrictive,’ cautions on being ‘misled’ by data

Business
Jessica Roberts

Federal Reserve Chair Jay Powell said Thursday that monetary policy is in “restrictive territory” and putting downward pressure on inflation, cautioning that ...

Waiting for word from the Fed chief

Business
Jessica Roberts

A look at the day ahead in European and global markets from Kevin Buckland Markets are largely in a holding pattern, with ...