Browsing Tag
Jerome Powell
4 posts
U.S. Inflation Reaches Highest Rate in 13 Years
The Core Price Index, which excludes more volatile goods such as the cost of food or energy also pointed to an unusually high variation of 4.5 %. The price of food and energy, which accumulated a monthly increase of 0.9 %, has been felt in July's measurements
FED Reconsiders Easy Money Policy in the Face of Rising Inflation
Although in the past Fed Chairman Jerome Powell denied that inflation was out of control, the balance of 4.2 % inflation a year after the pandemic began shows that the U.S. economy is overheating faster than central bank bureaucrats had thought
Jerome Powell Thinks Americans Are Economically Illiterate
With inflation around the corner, what will the FED do if things go out of control? Does it even have a plan?
Fed Reserve Chair Jerome Powell Says Easy Monetary Policy Will Not Be Tightened
"The economy is a long way from our employment and inflation goals," Jerome Powell, chairman of the Federal Reserve, said in testimony to the Senate Committee on Banking, a statement he has repeated in recent weeks. Powell made clear to the Senate of his intention to keep interest rates near 0 and a large asset purchase by the Federal Reserve until "substantial progress" has been made.