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Elizabeth Warren Slams Fed Chair Jerome Powell On Tackling Violation Of Bank's Insider Trading Policy: 'Allowed A Culture Of Corruption' (UPDATED)
Thursday, June 13, 2024 - 9:09pm | 673Editor’s note: This story has been updated to fix a minor typo in the fourth paragraph. Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell for the “long-delayed ethics policy” at the U.S. Central Bank, which she claims “doesn’t fix a...
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Peter Schiff Blasts Jerome Powell For Not Seeing The 'Stag' In Stagflation: 'Same Type Of Blindness' That Lead To 'Inflation Is Transitory' Misstatements
Wednesday, May 1, 2024 - 9:48pm | 673Renowned economist Peter Schiff has expressed skepticism over Federal Reserve Chair Jerome Powell’s dismissal of stagflation concerns. What Happened: In a post on X, formerly Twitter, on Wednesday, Schiff criticized Powell’s inability to recognize the signs of stagflation. He compared...
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Jerome Powell Urges For A More Flexible Approach To Economic Forecasting: 'The Economy Frequently Surprises Us'
Wednesday, November 8, 2023 - 9:12pm | 540Federal Reserve Chair, Jerome Powell, has highlighted the need for greater adaptability in the forecasting techniques used by Fed economists, moving beyond traditional mathematical models. What Happened: According to a report by Bloomberg, Powell emphasized the importance of intellectual rigor,...
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Fed Chairman Jerome Powell Celebrates 5 Year Anniversary: 5 Things You Might Not Know About Him
Sunday, February 5, 2023 - 6:34pm | 695Jerome Powell marked his five-year anniversary as the chairman of the Federal Reserve on Sunday. During his tenure, which began on Feb. 5, 2018, the S&P 500 has gained 56%, the Nasdaq Composite has risen 72%, and the Dow Industrial Average is up 39%. Powell is the Fed's 16th chairman...
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Stocks Plummet As Powell Doubles Down On Fed's Inflation Fight Until 'The Job Is Done'
Friday, August 26, 2022 - 10:44am | 594Federal Reserve Chair Jerome Powell was among the most anticipated speakers at the Economic Symposium in Jackson Hole, Wyoming Friday. Here’s a look at what Powell said in the fight against inflation. What Happened: Powell said the Federal Reserve’s goal remains getting...
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5 Things You Might Not Know About Federal Reserve Chair Jerome Powell
Wednesday, June 16, 2021 - 11:48am | 528Jerome Powell was sworn in on Feb. 5, 2018 as the 16th chairman of the Federal Reserve. In the role, Powell is tasked with steering America’s economy. Here is a look at some things you might not know about Powell. 1. Education: He graduated with a bachelor’s degree from...
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SLIDESHOW: Who Will Succeed Bernanke?
Monday, June 24, 2013 - 10:51am | 177Last week, fears began to rise over the impending exit of Fed Chairman Ben Bernanke from his current office. However, for those in the know, the move does not come as a shock as it was previously known that his term ends in January at that President Obama had not offered him the option to stay on...
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Fed Chairman Bernanke Believes Consumer Spending To Improve In Forthcoming Quarters
Monday, August 2, 2010 - 4:18pm | 267According to an article on Bloomberg, Federal Reserve Chairman Ben S. Bernanke said that even though consumer confidence is being driven down by weak job gains, hike in wages is likely to drive household spending in the forthcoming quarters. While speaking in Charleston, South Carolina, Bernanke...