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News Articles: Federal Reserve Board

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the headquarters of the Federal Reserve on Wednesday after he announced the Fed was raising interest rates by three-quarters of a percentage point.

Tagged as: 

  • Politics

Meet the Fed, the latest superpower to emerge from Washington's shadows

Few voters may be thinking of Jerome Powell as they go to the polls in November, but all will be coping with economic conditions strongly influenced by Powell's Federal Reserve Board.

July 31, 2022
|
By:
  • Ron Elving
GPB News NPR

Tagged as: 

  • Economy

Biden announces three more Federal Reserve nominees

Former Treasury official Sarah Bloom Raskin and economists Lisa Cook and Philip Jefferson are the three nominees Biden announced for the Fed board on Friday.

January 14, 2022
|
By:
  • Scott Horsley
A sign for the China Evergrande Centre, the Hong Kong home for China Evergrande Group, is shown last week. Fears of a debt default at the property developer sparked a global stock market sell-off on Monday.

Tagged as: 

  • Business

A Chinese Real Estate Company Is Walloping Your Stocks. Here's Why

The Dow Jones slumped over 600 points as financial troubles at property developer China Evergrande Group became the latest in a growing list of concerns for Wall Street.

September 21, 2021
|
By:
  • David Gura
Federal Reserve Chair Jerome Powell appears before the Senate Banking, Housing and Urban Affairs Committee in July. The Fed is facing a key decision of when to start withdrawing some of the stimulus it has provided to markets during the pandemic.

Tagged as: 

  • Business

It's Called The Bond Taper. Yes, It's Geeky. But This Is Why You Should Know About It

The Federal Reserve has provided massive support to markets through the pandemic. Now it faces a tricky decision: how to start removing some of that help without triggering a market sell-off.

August 23, 2021
|
By:
  • David Gura
Judy Shelton appears before the Senate Banking, Housing, and Urban Affairs Committee in February. President Trump's nominee to the Federal Reserve has said she supports the gold standard and has questioned the mission of the central bank.

Tagged as: 

  • Politics

Senate Blocks President Trump's Controversial Nominee To The Federal Reserve Board

The 47-50 vote came as Sens. Mitt Romney and Susan Collins sided with Democratic senators to preserve a filibuster of Judy Shelton's confirmation. Two other Republicans missed the vote.

November 17, 2020
|
By:
  • Vanessa Romo and
  • Claudia Grisales

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