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Us Fed Chairman Jerome Powell

Jerome Powell

US Fed Keeps Rates Unchanged But Signals Two More Potential Hikes This Year

Powell stopped short of saying the Fed's policymakers have committed to resuming their rate hikes when they next meet in late July

15 June 2023

Fed's Aggressive Rate Hikes Raise Likelihood Of A Recession

A worse-than-expected inflation report for May — consumer prices rocketed up 8.6 per cent from a year earlier, the biggest jump since 1981 — helped spur the Fed to raise its benchmark interest rate by three-quarters of...

16 June 2022

The New York Stock Exchange operates during normal business hours in the Financial District

US Markets Stumble 2.8% As Worries About Interest Rates Worsen

The S&P 500 sank 2.8 per cent and marked its third losing week in a row. The Dow Jones Industrial Average slumped 2.8 per cent, its biggest drop in 18 months, after briefly skidding more than 1,000 points

23 April 2022

Can US Avoid A Recession?

Can US Avoid A Recession? As Inflation Eases, Optimism Rises

An economic downturn is still possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has gained traction: Maybe a recession isn't inevitable after all

12 January 2023

Bitcoin, Ethereum, Shiba Inu, Dogecoin Plunge Up To 8% After US Fed Hikes Interest Rates

Selling pressure increases after US Fed rate hike, hitting cryptocurrencies, including Bitcoin, Ethereum, Shiba Inu and Dogecoin.

06 May 2022

Fed Unleashes Another Big Rate Hike In Bid To Curb Inflation

The Fed's move will raise its key rate, which affects many consumer and business loans, to a range of 2.25 per cent to 2.5 per cent, its highest level since 2018

28 July 2022

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