Fed flags risk US inflation could become entrenched US central bankers last month flagged the concern that sky-high inflation could become a permanent fixture, and stressed their readiness to continue raising interest rates … Business • 07 Jul
Fed will raise rates more aggressively if needed The US Federal Reserve must move "expeditiously" to bring too-high inflation to heel, Chairman Jerome Powell said today, adding that it could use bigger-than-usual interest … Business • 22 Mar
Fed signals first US rate hike since pandemic for March US Federal Reserve Chair Jerome Powell has given a clear signal that the bank is ready to raise US interest rates in March for the … Business • 27 Jan
Fed's Powell says 2022 rate hikes on the cards US stocks deepened losses today after Federal Reserve Chairman Jerome Powell said the central bank was likely to raise interest rates this year, remarks that … Business • 11 Jan
Risk of persistent inflation has risen: US Fed chair The threat of "persistently high inflation" has risen and the US central bank will consider removing stimulus more quickly, US Federal Reserve chair Jerome Powell … Business • 30 Nov 21
Powell's rollercoaster ride at the Fed US Federal Reserve Chair Jerome Powell has been on a rollercoaster ride since he joined the institution almost a decade ago. Business • 22 Nov 21
US Federal Reserve pulls back on stimulus The US Federal Reserve has said it will start reducing the pace of its stimulus bond purchases later this month as the US economy makes … Business • 04 Nov 21
Fed signals bond-buying taper coming 'soon' The US Federal Reserve has cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than … Business • 22 Sep 21
Fed could start stimulus withdrawal by year-end The US economy and labour market have healed to the point that the central bank could begin to withdraw its stimulus measures by the end … Business • 27 Aug 21
Fed chief Powell's record 'mixed', think tank says A think tank highly critical of Federal Reserve Chair Jerome Powell's record on banking regulation released an assessment of his four-year tenure that is by … Business • 23 Aug 21
US inflation to remain high for months before falling US inflation will remain "elevated" in coming months but will decline once supply bottlenecks and other temporary issues are resolved, Federal Reserve Chair Powell said … Business • 14 Jul 21
Fed surprised by higher than expected inflation spike Rising prices amid the recovery from the pandemic shutdown were predicted, but the recent jump in US inflation was higher than Federal Reserve officials had … Business • 08 Jul 21
Fed members see inflation under control 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 to … Business • 08 Apr 21
Yellen says US economy remains in crisis US Treasury Secretary Janet Yellen has said the US economy remains in crisis from the pandemic even as she defended developing plans for future tax … Business • 24 Mar 21
US won't reach 'maximum employment' this year - Powell The US labour market faces a lengthy recovery and the economy will not see maximum employment this year, Federal Reserve Chair Jerome Powell has said. Business • 05 Mar 21
Fed's Powell pledges low rates until inflation hits 2% US Federal Reserve Chair Jerome Powell has today pledged that the bank will keep benchmark lending rates low until the economy is at full employment … Business • 23 Feb 21
Fed warns economic outlook still 'highly uncertain' The fate of the US economy depends on the course of the pandemic and the Covid-19 vaccine rollout, but the outlook is nonetheless "highly uncertain," … Business • 28 Jan 21
Fed to buy bonds until it sees economic progress The Federal Reserve has vowed to keep pumping cash into financial markets until the US economic recovery is secure, a promise of long-term help that … Business • 17 Dec 20
Fed joins global club of peers in climate change fight The US Federal Reserve said today it has formally joined an international group of central banks working to understand and reduce climate change risk, a … Business • 15 Dec 20
Fed, ECB heads cautious despite Covid vaccine hopes The heads of the Federal Reserve and the European Central Bank welcomed the encouraging results in trials of a vaccine candidate for the novel coronavirus … Business • 13 Nov 20
More stimulus needed to help US economy - Fed chief The trajectory of Covid-19 remains key to the US recovery and until it is eradicated, more emergency spending will be "essential" to support the economy, … Business • 06 Nov 20
Fed touts economic recovery, vows to keep rates low The Federal Reserve has vowed to keep interest rates near zero until inflation is on track to overshoot its 2% target, a bold new promise … Business • 17 Sep 20
Powell set to lay out Fed's new policy approach US Federal Reserve Chair Jerome Powell is expected today to begin setting out the bank's new strategy for meeting its price stability and maximum employment … Business • 27 Aug 20
US Fed chair warns of 'extended period' of weak growth In a sober review of where the US economy stands on the cusp of its reopening, US Federal Reserve chair Jerome Powell has warned of … Business • 13 May 20
Fed will continue to act 'forcefully, proactively' The Federal Reserve will continue to use all the tools at its disposal until the US economy begins to fully rebound from the harm caused … Business • 09 Apr 20
