‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough....
Fed’s Powell: DeFi needs appropriate regulation before expanding to retail By Cointelegraph
[ad_1] Fed’s Powell: DeFi needs appropriate regulation before expanding to retail United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of...
Chairman Powell and the Federal Reserve Board Talk Post-Pandemic Economy — 9/23/2022
The Federal Reserve Board hosts an event on Friday with representatives from a range of sectors to share their perspectives on how the pandemic has...
Kraken’s Jesse Powell will step down as CEO, stay on as board chair By Cointelegraph
[ad_1] Kraken’s Jesse Powell will step down as CEO, stay on as board chair Jesse Powell, the co-founder and CEO of cryptocurrency exchange Kraken, will...
Jerome Powell is prolonging our economic agony By Cointelegraph
[ad_1] Jerome Powell is prolonging our economic agony Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do....
The biggest Fed rate hike in 40 years? It could be coming next week.
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to...
Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat to deliver a blunt message that the Fed will keep...
Fed can’t stop hiking interest rates even if there is a recession, former top central banker says
The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates...
Fed’s Waller says CPI was ‘major league disappointment,’ leaves door open for 100 basis move
Federal Reserve Governor Christopher Waller on Thursday said he supports a 0.75 percentage point interest rate hike in July, but he left the door open...
Sen. Warren warns Fed Chair Powell not to ‘drive this economy off a cliff’
The Federal Reserve should make sure that its rate increases do not push Americans into the unemployment lines, said Sen. Elizabeth Warren, the Democrat from...