Tag: Breaking News: Economy

  • Powell says the Fed won’t hesitate to keep raising rates until inflation drops

    U.S. Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on “The Semi-Annual Report on Monetary Policy to Congress,” in Washington, DC, March 3, 2022. Jonathan Ernest | AFP | Getty Images Federal Reserve Chairman Jerome Powell underscored his determination to bring inflation down, saying on Tuesday he would support interest rate […]

  • Dallas Federal Reserve Names Lorie Logan New Chair to Succeed Robert Kaplan

    The Dallas Federal Reserve has named a new chairman to succeed its former one, who stepped down last year amid a stock trading controversy. Lorie K. Logan will head the central bank branch, according to an announcement Wednesday. Central bank watchers are familiar with Logan’s name, as she currently serves as head of the New […]