Fed Chair Jerome Powell at news conference following FOMC meeting, Nov. 2. (AP Photo/Patrick … [+] Semansky) Copyright 2022 The Associated Press. All rights reserved. Fed Chair Powell confirmed ...
Tag: federal funds rate
Fed Chair Jerome Powell—Haunted By The Ghost Of Paul Volcker—Could Tank The Economy
Federal Reserve Chairman Jerome Powell (right) is a big fan of the late Paul Volcker, the Fed chairman who ruthlessly crushed inflation in the early 1980s. L to R: Scott J Ferrell/Congressional Quarte...
Why Are Interest Rates Going Up? Here’s What Investors Need To Know About It
| Getty Images Key Takeaways The Federal Reserve is aggressively increasing interest rates to slow the economy down. In 2022, the Fed raised interest rates 200 basis points, or 2%, in hopes of slowing...
What The Fed Rate Hike Means For The Markets And Investors
Federal Reserve Chairman Jerome Powell Getty Images The Federal Reserve announced this week that it’s raising rates by 50 basis points. The Fed raised its main interest rate by half a percentage point...
What The Fed Lifting Interest Rates Means For The Markets
Getty Images Key Takeaways Inflation hits highest levels in 40 years The Fed lifts interest rates Markets perform well despite news of rate hikes On Wednesday, the Federal Reserve announced that it wi...