"Jerome Powell"

Jerome Powells pivot toward a quicker withdrawal of stimulus paves the way for a more agile Federal Reserve in 2022, one thats willing to raise interest rates faster than expected if inflation lingers or hold back if the pandemic worsens.

The European Central Banks insistence that surging consumer prices wont endure is being tested so repeatedly that inflation now threatens to overshadow a meeting in two weeks time to revamp pandemic stimulus.

Federal Reserve Chair Jerome Powell reinforced his message that the U.S. central bank would keep inflation in check and said for the second time in two days that officials should consider speeding up how quickly they withdraw policy support.

WASHINGTON - During his first term as Federal Reserve Chair, Jerome Powell faced blistering political pressure and an enormous economic crisis. He has confronted an ethics scandal within the central bank and the steepest inflation in more than 30 years.

Federal Reserve Chair Jerome Powell on Wednesday said that the delta variant of the coronavirus could have fewer implications for the economy, if it follows the pattern of past waves of covid surges.

When Federal Reserve policymakers gather this week to discuss the U.S. economic recovery from the pandemic, theyll see a job market thats improving at a faster pace for some than for others.

Federal Reserve Chair Jerome Powell warned in an interview broadcast Sunday that reopening the economy too quickly could lead to another worrisome jump in coronavirus cases, saying that the United States has not completely turned the corner and that the pandemic continues to pose major risks to any recovery.

The unprecedented $9 trillion rescue mission by central banks to haul the world economy from its coronavirus recession is being tested as rising bond yields and inflation bets threaten their ability to keep borrowing costs down.

Federal Reserve Chair Jerome Powell said Wednesday that getting Americans vaccinated is the most important thing to help the economy, comments that could boost President JoeBiden's push to pass a massive new relief package that includes big spending on vaccines.

Long before the coronavirus pandemic would bring business to a standstill all across America, Surgery Partners, a sprawling network of outpatient clinics, already had its share of financial problems.

Americans' confidence in the Federal Reserve's leadership reached a 15-year high as the central bank moved aggressively to counter the crippling economic impact of the coronavirus pandemic.