Getty Images Key takeaways Federal Reserve Chair Jerome Powell made comments at a symposium in Sweden on January 10 that, if taken out of context, could be seen as precursors of unpopular Fed policy i...
Tag: Fed Chair
Federal Reserve Not Afraid To Raise Rates Further If Higher Inflation Persists, Powell Says
Topline The stock market turned positive after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise interest rates ...
Stocks Rally After Powell Says Fed Not Afraid To Raise Rates Further If Higher Inflation Persists
Topline The stock market jumped—erasing earlier losses—after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise i...