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Jerome Powell

The Federal Reserve

How a simple statement from Fed Chair Jerome Powell can cause the markets to fluctuate

by Janet Nguyen
Jul 19, 2019
Investors look closely for signs of a rate cut or hike. Here are some examples of how his words moved the Dow.
Fed Chair Jerome Powell speaks at a news conference on Dec. 19, 2018, in Washington, D.C.
Mark Wilson/Getty Images
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Fed Chair says corporate debt a concern, not yet a catastrophe

by Sabri Ben-Achour
May 21, 2019
The ratio of business debt to U.S. GDP is at historic highs. Fed Chair Jerome Powell said signs don’t point to corporate debt bringing down the whole financial system. But he also said there are some things we don’t know about the levels of corporate debt, especially the risky debt.  Click on the audio player […]
Federal Reserve Board Chairman Jerome Powell.
Mark Wilson/Getty Images
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The Fed holds interest rates steady, reflecting moderate economic slowdown

by Mitchell Hartman
Mar 21, 2019
In a sharp turn from December’s forecasts, the Federal Reserve announced yesterday that it will hold short-term interest rates steady. The announcement comes amid signs of a slowing economy and weakening consumer and business spending. For workers and the housing market, however, the economy is still healthy.
Federal Reserve Board Chairman Jerome Powell speaks during a news conference on March 20, 2019 in Washington, DC. Powell said the Fed will not raise interest rates this quarter as was previously expected.
Mark Wilson/Getty Images
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Minneapolis Fed President Neel Kashkari says raising interest rates too soon could lead to a recession

by Kai Ryssdal , Janet Nguyen and Maria Hollenhorst
Dec 21, 2018
The Federal Reserve has raised interest rates for the fourth time this year.
Neel Kashkari, then the acting interim assistant secretary for financial stabilization at the Treasury Department, arrives for a hearing on Capitol Hill back in 2009.
Chip Somodevilla/Getty Images
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Fed lifts rates for 4th time this year but sees fewer hikes

by Associated Press
Dec 19, 2018
The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifts the Fed’s benchmark rate to its highest point since 2008.
Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, September 26, 2018.
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What is a "neutral" interest rate?

by Mitchell Hartman
Nov 29, 2018
Fed Chairman Jerome Powell said interest rates were just below neutral. We break down what that means.
Federal Reserve Chairman Jerome Powell speaks at the Economic Club of New York on November 28, 2018 in New York City. Following news that Powell said interest rates are close to neutral, stocks rose in afternoon trading.
Spencer Platt/Getty Images
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The downsides of low interest rates

by Mitchell Hartman
Aug 21, 2018
President Donald Trump has long favored low interest rates, which are typically a boon for real estate developers. And he has criticized the Federal Reserve and the chairman he appointed, Jerome Powell, for pursuing a policy of gradual rate hikes initiated under former Fed Chair Janet Yellen. But maintaining a loose monetary policy could be […]
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The Federal Reserve

How the Fed has changed

by Nancy Marshall-Genzer
Jul 12, 2018
A brief look at how five Fed chairs shifted the culture of the central bank.
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill Feb. 27, 2018 in Washington, D.C. 
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The Federal Reserve

Fed Chair Jay Powell: We’re “independent of political considerations”

by Kai Ryssdal
Jul 12, 2018
In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.
Jerome Powell listens as President Trump announces Powell as nominee for Chairman of the Federal Reserve in the Rose Garden of the White House in Washington, DC, November 2, 2017.
SAUL LOEB/AFP/Getty Images
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The Fed is getting interest rates closer to "just right"

by David Brancaccio and Nancy Marshall-Genzer
Jun 14, 2018
What you need to know about yesterday's rate hike announcement.
A view of the Federal Reserve building.
KAREN BLEIER/AFP/Getty Images
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