Tag: Jerome Powell

  • Americans are financially exhausted

    Recession is a very real possibility. Such as Federal Reserve Vigorously raise rates to combat persistence inflationA tough stance could come at a price. Already, falling stock markets have wiped out more than 9 trillion dollars In the wealth of American families. Federal Reserve Chairman Jerome Powell He also warned of the central bank’s upcoming […]

  • The Fed’s fight against inflation could cost 1.2 million US jobs

    Minneapolis CNN Business – In its efforts to lower historical inflation and cool the economy, the Federal Reserve has used Multiple euphemisms To describe the potential impact on Americans’ jobs, from Economical ‘pain’ To the “unfortunate costs” and Softening the labor market. However, the data does not taint the words. The Federal Reserve’s latest economic […]

  • From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in financial markets

    Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar rose on Friday as investors responded to the Federal Reserve’s signal that its battle with inflation could lead to higher interest rates and a recession. Friday’s selloff was global, in a […]