Jerome Powell

Consumer prices rise as Fed weighs next move on rates after Silicon Valley Bank fallout

Fed chief Jerome Powell spooked investors last week, saying he was ‘prepared to increase the pace of rate hikes’

Goldman Sachs predicts central bank will pause its tightening later this month due to banking system stress

Planet Business: Toblerone leaves the Matterhorn behind, Elon Musk makes rare apology and why the only way is up, still, for interest rates

High-stakes testimony before Senate committee comes as central bank struggles to cool US economy

Stocktake: Analyst points to intraday gains on 12 days out of 13, which is rare and a feature of a bull market

Jay Powell said the ‘disinflationary process’ still has a ‘long way to go’ and was still in its early stages

Stocktake: Fed chairman has offered no real reassurance, but his tone has become a little less hawkish and scolding

The Federal Reserve expects interest rates to exceed 5% at the end of 2023, 75 basis points higher than market expectations

Debate rages over whether Federal Reserve will or should adopt a more dovish stance

Chairman Jerome Powell appears to share view that tough medicine necessary to properly see off inflation

Increase in consumer prices prompts Wall Street sell-off as investors bet on aggressive Fed response

Central bank chiefs want investors to realise it is serious about reining in inflation.

Technology stocks sensitive to interest rates lose their bounce as Fed chief talks tough

Iseq down 0.5% as travel and leisure names weaken

Ryanair soars 5% as bullish forecasts from US carriers help aviation stocks take off

Cantillon: Borrowing outlook for many governments is changing

Euronext Dublin was flat as it underperformed relative to its international peers

Rates must rise, but chasing inflation is a tricky and potentially painful business

Wall Street dips deeper into negative territory as conflict and Fed signals weigh

Employers have added at least 400,000 jobs each month since May

Europe’s Stoxx 600 Index opens lower as mining and energy stocks advance

Ryanair rises in Dublin as O’Leary reassures investors while AIB down ahead of results

Sharply rising European government yields underscore the growing hawkish chorus

Committee notes strong economic recovery and ‘solid’ job gains in recent months

Fed officials and economists predict central bank will go beyond its baseline forecast for increases if inflation persists

Planet Business: Cheering everybody up, World Bank-style

Smart Money: inflation is rising and the interest rate cycle is turning

Rate of price rises not seen in America since early 1980s

Banks in Dublin benefit from talk that interest rates could be raised in the US

Next year may bring good news but many of the concerns of 2021 will not have gone away

US indices rise as inflation report is in line with expectations

If workers start demanding better pay we could get a wage-price spiral

Investor concerns ease concerning economic impact of Omicron coronavirus mutation

Investors also bet on faster Fed tapering

Comments from Moderna’s chief about vaccine efficacy against variant spook investors

Tech stocks lead losses as volatility picks up

Telecoms sector buoyant on KKR’s Telecom Italia dealmaking

Acceleration in prices is largest recorded since April 2007

Traders wait to see if BoE will be first major central bank to raise rates since Covid hit