Thursday, Sep 29, 2022
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Fed Chair Jerome Powell

Landscape at the Jacksons Hole Aerial Tram in Grand Teton NP in Wyoming in the USA

Inflation's Harsh Realities On Display As Fed Officials Meet At Jackson Hole

Powell's remarks will be scrutinised by Wall Street traders and economists and could potentially cause sharp swings in financial markets

25 August 2022

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Explained: Just How High Is The Risk Of Another Recession

On Wednesday, the Fed stepped up its drive to tame inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaled more large rate increases to come.


US Fed Hikes Interest Rate By 75 Basis Points, Highest Since 1994

The Fed’s benchmark short-term rate, which affects many consumer and business loans, will now be pegged to a range of 1.5% to 1.75% — and Fed policymakers forecast a doubling of that range by year’s end.


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Asian Stocks Higher After Fed Says Rate Hikes May Be Needed

Wall Street's benchmark S&P 500 index gained 0.4% on Wednesday after notes from the latest Fed meeting said “an even more restrictive stance could be appropriate" to get inflation back to its 2% target

07 July 2022

Explained- This Is How A Higher Fed Rate Could Affect Your Finances

Chair Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in cooling demand for homes, cars and other goods and services and slow inflation.


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Fed Must Convince Public It Can Tame Inflation: Chair Jerome Powell

Powell and the Fed are in the hot seat because inflation, which had been an economic afterthought for decades, has shot to the top of threats to the economy and concerns of American households

24 June 2022

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