Jerome Powell

Fresh alarm sounded on U.S. Chief Justice John Roberts

'The consequences for popular democracy could be dire'

Is the Crack-up Boom Here?

Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation.

Chief Justice John Roberts’ Approval Rating Tops Biden, Harris

U.S. Supreme Court Chief Justice John Roberts holds the highest approval rating among 11 U.S. leaders, including President Joe Biden and Vice President Kamala Harris, in a new poll from Gallup released on Monday.

Voters blame inflation on Bidenomics

Inflation is racking the US economy, and voters blame President Biden. Twice as many people think his actions are hurting the economy as helping, and nearly half think his policies will push inflation even higher, a poll shows.

Surging Inflation Could See Millions of American Households Paying $3,500 in Additional Expenses This Year

Surging inflation will cost millions of Americans more than $3,000 in additional expenses this year, according to a Penn Wharton University of Pennsylvania Budget Model (PWBM) analysis published on Wednesday.

Markets Brace for Highest Inflation Print in 39 Years

Inflation numbers due to be released later Friday by the U.S. Bureau of Labor Statistics (BLS) are expected to show consumer prices rising at their fastest pace since 1982, with investors bracing for what could be a market-moving data drop.

Business economists expect high inflation through 2023

Business economists expect  inflation to increase in the fourth quarter and stay elevated for years, according to a new survey.

Historic Number of Workers Quit Jobs to Become Their Own Bosses Amid COVID-19 Pandemic

A historic number of workers have become their own bosses amid the COVID-19 pandemic, according to data from the Bureau of Labor Statistics (pdf).

Top economist warns conditions are ripe for 1970s-style ‘stagflation’

The chief economic adviser for financial services firm Allianz warned that the new coronavirus variant Omicron could shake up the markets, exacerbate supply chain woes, amplify record-high inflation pressures — and possibly result in 1970s-style “stagflation.”

Biden Picks Powell to Lead Fed for a 2nd Term, Brainard Nominated as Vice Chair

President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.

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