Jerome Powell

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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

1 day ago

Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on...

2 min read

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Powell says inflation has been higher than thought and expects rates to hold steady

4 days ago

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central...

3 min read

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Consumer sentiment tumbles as inflation fears surge, closely watched survey shows

1 week ago

Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey...

4 min read

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Here’s what to expect from the April jobs report on Friday

2 weeks ago

A jobseeker takes a flyer at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday,...

2 min read

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Why hundreds of U.S. banks may be at risk of failure

2 weeks ago

Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at...

5 min read

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Here’s everything to expect when the Fed wraps up its meeting Wednesday

3 weeks ago

Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March, 7...

2 min read

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Japanese yen hits fresh 34-year low despite verbal intervention from authorities

3 weeks ago

The Japan flag is juxtaposed against a Japanese yen bank note.Javier Ghersi | Moment | Getty ImagesThe yen slipped past...

6 min read

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Why the Fed keeping rates higher for longer may not be such a bad thing

3 weeks ago

US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on the "Federal...

4 min read

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CNBC Daily Open: Powell said high rates. Markets heard robust economy

9 months ago

Jerome Powell, chairman of the US Federal Reserve, second right, arrives for dinner during the Jackson Hole economic symposium in...

5 min read

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Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

9 months ago

Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on...