Jerome Powell
Federal Reserve chair Powell infected with Covid-19
Illness means he may not be able to attend next rate-setting meeting in person
Fed will not fight climate change without mandate, Powell says
Elected officials must take lead in policies to green economy, Fed chair argues
Fed slows rate rises with 50bp increase
Powell stresses possibility of soft landing supported by “structural labour shortage”
Powell signals FOMC may slow pace of hikes
Fed hopes to remove labour market pressure by cutting number of job openings, Powell says
People: October to December 2022
A round-up of central bankers in the news and on the move during the past three months
Book notes: Yellen, by Jon Hilsenrath
This book offers new insights into the tough decisions and tremendous efforts Yellen has made as a pre-eminent economic policy-maker
Fed raises rate as Powell hints at further rises
Data suggests Fed will need to hike higher than previously expected, chair says
Atlanta Fed chief admits to trading rules violations
Bostic claims he misinterpreted rules on funds managed by third parties
Rate rises reveal defi weaknesses – Powell
Regulating algorithms highlighted as key crypto challenge at Banque de France conference
Fed raises interest rate 75bp for third time
Powell reiterates pledge to “keep at it” until inflation is back to 2%
Economy’s ‘first responders’ now in the line of fire
Forceful but late interventions to combat inflation raise the risk of central bank overreactions
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
The case for restoring the role of monetary aggregates
Tim Congdon argues that a surge in money supply in response to Covid-19 sparked heightened inflation and central banks need to refocus their attention on monetary aggregates
Is the US heading for stagflation?
US academics weigh up the risks – and whether the Fed can avoid the worst outcomes
Fed announces another 75bp rise
Jerome Powell says Fed’s approach to forward guidance will change
Top central bankers admit inflation models fell short
Reliance on Phillips curve and demand-driven models may have created blind spots
Fed finds major banks able to withstand ‘severe recession’
All banks pass stress test despite tougher scenario than in 2021
Banknotes: April to June 2022
A round-up of news and salient issues that have affected central bankers in the past three months
People: April to June 2022
A round-up of central bankers in the news and on the move during the past three months
Fed meets inflation surge with 75bp hike
Unexpected spike in inflation and expectations spurs committee into rare policy aggression
Biden holds rare meeting with Fed chair Powell
Yellen admits she was wrong about the path of inflation in 2021
Bernanke says Fed acted too slowly on inflation
Former Fed chair argues forward guidance hampered Fed’s response to rising prices
US Senate reappoints Powell as Fed chair
Appointment comes as Powell’s approval rating in polls falls to lowest point in his career
Fed makes first 50bp rate hike in decades
Central bank under pressure to curb inflation without crashing the economy