Jay Powell

Joe Brennan: US central bank doesn’t have mandate to offer stock investors a sustained rally

GDP’s annual advance reaches 6.9% at the end of 2021

Country’s Federal Reserve lays the groundwork for tighter policy amid soaring prices

Jay Powell tells senators that era of pandemic stimulus is over

Economists and investors expect the Fed to press ahead with plans to tighten monetary policy and raise interest rates

The president’s social-spending deal might yet be made but the political difficulties cannot be overstated

Smart Money: Variable mortgage rates could increase and trackers could be affected as well

Sharp drop is sign of tightness in labour market as US economy rebounds

Shifting metrics for corporate performance put CEOs on less certain ground

US health official cautiously optimistic on Covid variant and says booster shots will be key

Fed’s approach to scaling back stimulus thrown into question

Martin Wolf: Price rises risk becoming permanent

Supply chain disruptions among drivers of 6.2% increase in October

Officials face shifting market expectations about early rise in interest rates

Fed chair Jay Powell signalled the central bank could announce a reduction in its debt purchases as early as November

Intervention from Williams comes as Yellen says failure to increase borrowing limit would be ‘catastrophic’

Surge in consumer prices could sway Fed to tighten monetary policies

Number of positions added in August fell well short of forecasts but unemployment rate dropped

Investors also shrug off weak Chinese data to focus on US monetary stimulus

US gasoline futures rise as Hurricane Ida brings widespread damage

Central bank chief declares ‘clear progress’ on US labour market in speech at Jackson Hole

Jackson Hole: Income inequality also seen as major issue