The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession?
During the first year of the pandemic, Federal Reserve Chairman Jerome Powell earned a reputation as a monetary dove, rolling out innovative policies aimed at...
10-year Treasury yield tops 2% for the first time since 2019 after hot inflation
U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield...
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
A sign advertising for temporary workers at a Target store in Mount Kisco, New York. Scott Mlyn | CNBC Too much of a good thing,...
Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in...