WEATHER ALERT
Criminal investigation raises key question: Whether Chair Powell leaves Fed in May
Read full article: Criminal investigation raises key question: Whether Chair Powell leaves Fed in MayThe Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual step of remaining a governor.
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Read full article: Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White HouseBoth Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.
US hiring stays strong, complicating Fed's inflation fight
Read full article: US hiring stays strong, complicating Fed's inflation fightThe nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes.