Jerome powell

Angst is running high over global recession risks as the year's mid-point approaches. So economic data and central bank talk will bear watching more than usual, and there's plenty of that coming up. The European Central Bank will host a…

A pair of U.S. central bankers said on Friday they supported further sharp interest rate hikes to stem rapid price rises, even as investors cheered economic data showing inflation expectations to be less worrisome than initially feared.…

Companies with US dollar loans on their balance sheets and importers are rushing to cover unhedged foreign currency exposures after the Federal Reserve's latest resolve to restrain inflation stoked concerns of continued fund outflows…

The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional" but also comes with the risk of higher unemployment, U.S. central bank chief Jerome Powell said on Thursday. "It's unconditional," Powell told the…

Federal Reserve Governor Michelle Bowman on Thursday signaled support for a more aggressive path of rate hikes than most of her fellow central bankers currently contemplate, saying she wants rates to rise until they exceed near-term…

Wall Street's main indexes rose on Thursday as easing government bond yields lifted some high-growth stocks, while investors awaited business activity data and Federal Reserve Chair's testimony to Congress. The Dow Jones Industrial…

LONDON/TOKYO: Manufacturing growth is slowing from Asia to Europe as China's Covid-19 curbs and Russia's invasion of Ukraine disrupt supply chains, while the growing risk of a recession in the United States poses a new threat to the…

The impending growth slowdown in the United States is set to hamper the growth trajectory of India in the medium term, analysts say. Research firm Nomura in a note on Thursday said that as per its Nomura India Normalization Index (NINI),…

The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday. In the first of two closely-watched days of testimony to Congress,…

WASHINGTON: The US economy faces an "uncertain" global environment and could face further inflation "surprises," Federal Reserve chair Jerome Powellsaid on Wednesday. "Inflation has obviously surprised to the upside over the past year,…