Today news
About the same in other media
Powell Warns Omicron Variant Could Worsen Inflation-Boosting Bottlenecks
Reading now: 658
Federal Reserve Chairman Jerome Powell is grappling with how to chart policy amid an inflationary surge far larger than officials anticipated and threatening to become more unpredictable because of the emergence of the new Omicron coronavirus variant.
Mr. Powell appears Tuesday morning before the Senate Banking Committee alongside Treasury Secretary Janet Yellen for two days of hearings. In prepared testimony, Mr. Powell said the variant, identified in South Africa last week, risks intensifying
Read more on wsj.comAbout this in other media
Investors Should Care About the Logic Behind the ‘Powell Pivot’ wsj.com /2 years ago
Why it’s time to move on from ‘transitory’ inflation fnlondon.com /2 years ago
Another Powell pivot raises questions about the Fed's policy credibility cnbc.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
