Posts filtered by tags: Jerome H[x]


 

A Coffee Chain Reveals Flaws in the Fed’s Plan to Save Main Street

Businesses that want to use the Federal Reserve’s Main Street program cannot, and many that can use it have better options in the private market.
Tags: News, Small Business, Federal Reserve, Fed, Powell, Banking and Financial Institutions, Credit and Debt, United States Economy, Mnuchin, Steven T, Jerome H, Coronavirus (2019-nCoV, Coronavirus Reopenings


Fauci Says US Could Reach 100,000 Coronavirus Cases a Day

The government’s top infectious disease expert told a Senate panel that bars needed to be closed, and the Fed chairman cautioned that “a full recovery is unlikely” until safety is restored.
Tags: News, Education, Senate, US, Fed, Powell, Fauci, Redfield, United States Politics and Government, Anthony S, Senate Committee on Health, Bars and Nightclubs, Jerome H, Labor and Pensions, Robert R, Coronavirus (2019-nCoV


Fed Leaves Rates Unchanged and Projects Years of High Unemployment

Federal Reserve officials indicated they expected the economic recovery from the pandemic-induced recession to be a slow one, with rates near zero for years.
Tags: News, Interest Rates, Unemployment, Federal Reserve, Powell, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV


Here’s What to Watch at the Fed’s June Meeting

The central bank will release its first set of economic projections of 2020, and is expected to signal that rates will be at rock-bottom for years.
Tags: News, Interest Rates, Unemployment, Relief, Fed, Powell, Quarles, Banking and Financial Institutions, United States Economy, Federal Reserve System, Randal K, Jerome H, Coronavirus (2019-nCoV, Stimulus (Economic, Coronavirus Aid, and Economic Security Act (2020


Federal Reserve June Meeting: What to Watch

The central bank will release its first set of economic projections of 2020, and is expected to signal that rates will be at rock-bottom for years.
Tags: News, Interest Rates, Unemployment, Relief, Powell, Quarles, Banking and Financial Institutions, United States Economy, Federal Reserve System, Randal K, Jerome H, Coronavirus (2019-nCoV, Stimulus (Economic, Coronavirus Aid, and Economic Security Act (2020


Federal Reserve Releases Economic Projections

The central bank will release its first set of economic projections of 2020, and is expected to signal that rates will be at rock-bottom for years.
Tags: News, Interest Rates, Unemployment, Relief, Powell, Quarles, Banking and Financial Institutions, United States Economy, Federal Reserve System, Randal K, Jerome H, Coronavirus (2019-nCoV, Stimulus (Economic, Coronavirus Aid, and Economic Security Act (2020, Federal Reserve Releases Economic Projections


Trump’s Economic Advisers Are Wrong

The economy can’t fully recover without longer-term help from Washington.
Tags: News, Relief, Mitch, Trump, Powell, McConnell, United States Economy, Mnuchin, Steven T, Infrastructure (Public Works, Jerome H, Coronavirus Aid, and Economic Security Act (2020


Rock-Bottom Interest Rates May Be Here to Stay

Once the labor market begins to recover, the Federal Reserve’s experience in the pre-pandemic, record-long economic expansion is likely to influence when its raises rates.
Tags: News, Interest Rates, Unemployment, Federal Reserve, Powell, Prices (Fares, United States Economy, Federal Reserve System, Labor and Jobs, Shutdowns (Institutional, Fees and Rates, Inflation (Economics, Jerome H, Coronavirus (2019-nCoV


Fed Chair Warns This Is a ‘Downturn Without Modern Precedent’

It’s impossible to guess what the trajectory for the economy will look like, a series of central bankers warned. That makes nimbleness key.
Tags: News, Unemployment, Williams, Powell, Federal Reserve Bank of New York, John C, Brainard, Lael, Economic Conditions and Trends, Recession and Depression, United States Economy, Federal Reserve System, Labor and Jobs, Clarida, Jerome H, Richard H (1957-


Fed Is Wary That Economic Pain Could Last, April Minutes Show

The nation’s central bank took a more cautious tone than the Trump administration, with some officials worried about a second outbreak.
Tags: News, Interest Rates, Unemployment, Trump, Fed, Powell, United States Economy, Federal Reserve System, Labor and Jobs, Quarantines, Jerome H, Coronavirus (2019-nCoV


Fed Is Wary About the Post-Pandemic Economy, April Minutes Show

Notes from the Federal Reserve’s late-April meeting showed that officials were worried that the coronavirus might cause a lasting hit to the economy.
Tags: News, Interest Rates, Unemployment, Federal Reserve, Powell, United States Economy, Federal Reserve System, Labor and Jobs, Quarantines, Jerome H, Coronavirus (2019-nCoV


Mnuchin and Powell Warn of Economic Scarring, and Offer Divergent Solutions

The Treasury secretary and Fed chair said economic damage could last. One prescribed rapid reopening, the other robust policy action.
Tags: News, Interest Rates, Treasury, Gross Domestic Product, Relief, Trump, Fed, Powell, Banking and Financial Institutions, United States Economy, United States Politics and Government, Donald J, Labor and Jobs, Mnuchin, Steven T, Federal Budget (US


Too Big to Fail: The Entire Private Sector

Large parts of financial markets are now being managed by the government. Even if they don’t like it, investors must acknowledge it.
Tags: News, Government Bonds, Powell, Stocks and Bonds, Banking and Financial Institutions, Credit and Debt, Regulation and Deregulation of Industry, Federal Reserve System, Shutdowns (Institutional, Jerome H, Stock Buybacks, Coronavirus (2019-nCoV


Jesus, the Beatles and … Masa Son?

The SoftBank chief made some eye-opening arguments to justify his company’s poor investment performance.
Tags: News, Softbank, Mergers, Jesus, Son, Ubereats, Powell, GrubHub Inc, Acquisitions and Divestitures, United States Economy, United States Politics and Government, SOFTBANK Corporation, Delivery Services, Mnuchin, Steven T, Masayoshi


Can Government Spending Save the Economy?

Congress is debating how much to allocate to economic relief. Every plan will require borrowing money the U.S. doesn’t have.
Tags: News, Congress, Senate, Unemployment, House Of Representatives, Relief, Powell, Credit and Debt, Recession and Depression, United States Economy, United States Politics and Government, Federal Reserve System, Federal Budget (US, National Debt (US, Jerome H, Coronavirus (2019-nCoV


Government Spending? In This Economy?

Congress is debating how much to spend on economic relief. Every plan will require borrowing money the U.S. doesn’t have.
Tags: News, Congress, Senate, Unemployment, House Of Representatives, Relief, Powell, Credit and Debt, Recession and Depression, United States Economy, United States Politics and Government, Federal Reserve System, Federal Budget (US, National Debt (US, Jerome H, Coronavirus (2019-nCoV


Fed Chair Says Economic Recovery May ‘Stretch’ Through End of 2021

Jerome H. Powell, who heads the central bank, predicted a slow economic recovery and reiterated that policymakers may need to do more.
Tags: News, Unemployment, Government Bonds, Powell, Credit and Debt, Recession and Depression, United States Economy, Federal Reserve System, Shutdowns (Institutional, 60 Minutes (TV Program, Jerome H Powell, Jerome H, Coronavirus (2019-nCoV




Fed Suggests Tough Road Ahead as It Pledges to Help Insulate Economy

The Federal Reserve left rates unchanged near zero at its April meeting and suggested it would not be raising them anytime soon as the virus takes a huge toll on economic growth.
Tags: News, Interest Rates, Federal Reserve, Fed, Powell, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV


Fed Pledges to Use ‘Full Range of Tools’ to Combat Virus Disruptions

The Federal Reserve left rates unchanged at its April meeting and suggested it would not be raising them anytime soon.
Tags: News, Interest Rates, Federal Reserve, Powell, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV


Federal Reserve Discusses Crisis, and Powell Will Meet Press

Monetary policy has taken a back seat as the central bank has begun lending programs to prop up markets reeling from the pandemic.
Tags: News, Interest Rates, Quantitative Easing, Federal Reserve, Powell, Credit and Debt, Recession and Depression, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV, Stimulus (Economic, Powell Will Meet Press




One Person is Overseeing Congress’s Bailout Loans. He Wants Answers.

The Fed has authority to make trillions of dollars in loans. Concern is growing that taxpayers will be in the dark about how the money is being disbursed.
Tags: News, Congress, Relief, Trump, Fed, Powell, Treasury Department, Bharat, United States Economy, United States Politics and Government, Donald J, Federal Reserve System, Mnuchin, Steven T, Inspectors General, Jerome H


Fed Gives Banks a Break to Keep Markets Calm, Asking for Little in Return

The Federal Reserve is giving banks room to maneuver with regulatory tweaks. But it isn’t barring them from paying dividends, fueling concerns that it is ignoring the lessons of the last crisis.
Tags: News, Federal Reserve, Fed, Powell, Banking and Financial Institutions, Credit and Debt, Regulation and Deregulation of Industry, United States Politics and Government, Federal Reserve System, Jerome H, Stock Buybacks, Coronavirus (2019-nCoV






How Powell and Mnuchin Became the Duo in Charge of Saving the Economy

The deal makers face their biggest challenge yet: keeping companies afloat long enough to get America past the coronavirus.
Tags: News, America, Private Equity, Relief, Trump, Powell, Banking and Financial Institutions, Law and Legislation, Credit and Debt, Recession and Depression, United States Economy, United States Politics and Government, Subprime Mortgage Crisis, Donald J, Mnuchin, Steven T


Fed’s Powell Says U.S. Must Get Virus Under Control Before Economy Restarts

The Fed chair voiced a reassuring, if uncertain, message in a rare televised interview as the coronavirus grinds America’s economy to a halt.
Tags: News, America, Unemployment, Government Bonds, Fed, Powell, Banking and Financial Institutions, Credit and Debt, Recession and Depression, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV


How Trump’s Attacks on the Fed Have Made Its Job Harder

The Federal Reserve has moved quickly to combat economic fallout from the coronavirus pandemic, but President Trump’s ongoing attacks may have weakened its message.
Tags: News, United States, Currency, Federal Reserve, Trump, Powell, Banking and Financial Institutions, Credit and Debt, United States Economy, Federal Reserve System, International Trade and World Market, US Dollar (Currency, Jerome H, Coronavirus (2019-nCoV, Money Market Mutual Funds, Trump 's Attacks on the Fed


The Fed Deployed Its 2008 Arsenal All in One Weekend

Steps the central bank has taken to keep credit flowing in a crisis are familiar, but the incredible speed is new.
Tags: News, Interest Rates, Quantitative Easing, Powell, Banking and Financial Institutions, United States Economy, Federal Reserve System, Jerome H, Coronavirus (2019-nCoV