Thursday, May 21, 2026
Today's Print

Tag: Jerome Powell

Renewed recovery optimism provides further boost to stocks, crude

Equities and oil prices rose again in Asia on Tuesday, extending a global rally fuelled by renewed optimism over the recovery outlook after Washington...

US economy not yet ready for end to Fed stimulus plan

Washington—The recovery in key areas of the US economy is not sufficient enough for the Federal Reserve to start pulling back on its aggressive...

Fed chief offers more assurances on US economy

New York"•The US economy remains on a positive trajectory even as it contends with higher inflation, according to congressional testimony released Monday by the...

US Fed expected to stand its ground despite inflation

WASHINGTON—Even in the face of rising inflation, the lackluster progress on restoring jobs lost during the pandemic means the US Federal Reserve is unlikely...

Cyberattacks main risk to US economy – Fed chair

WASHINGTON—Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of...

Fed chair says cyberattacks main risk to US economy

Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of...

Markets mostly down but optimism remains

Hong Kong, China—Most Asian markets retreated Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly...

US inflation stable–Fed members

Washington—Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the COVID-19 pandemic will push prices higher, according...

Renewed lockdowns send oil prices tumbling

Oil prices nosedived Tuesday on lower demand prospects as Europe's biggest economy Germany said it would reimpose strict coronavirus containment measures and struggles along...

US Fed more bullish, hikes GDP growth target to 6.5%

Washington—US central bankers are much more optimistic about the outlook for the American economy, as trillions of dollars in stimulus are flowing, but Federal...

Oil prices jump after new OPEC+ agreement

New York—Oil prices jumped higher Thursday after OPEC+ countries allowed crude production to rise only slightly, while US stocks unwound over concerns about rising...

Europe is less at risk of inflation and rate fears

Paris, France—Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts believe Europe...

Fed’s Powell allays inflation fears, vows to keep rates low

Washington—Federal Reserve Chairman Jerome Powell attempted to tamp down rising inflation concerns, and again on Tuesday pledged to keep benchmark lending rates low until...

Fed’s Powell warns United States ‘very far’ from strong labor market

WASHINGTON—The US economy is a long way from having a strong job market and the experience of past recessions shows it could take years...
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