Next week, Fed Chair Jerome Powell will once again appear before Congress to update the legislature on monetary policy.
Read More »The Week Ahead: Fed Chair in the Spotlight
Jerome Powell, Chairman of the Federal Reserve, will give his Semi-Annual testimony on the Fed’s performance over a period of two days. Here’s what else is in store in The Week Ahead.
Read More »The Week Ahead: Great Expectations for Homebuilding
On Monday, the latest installment of the NAHB Wells Fargo Housing Market Index (HMI) will be released and while the Fall proved sluggish many are anticipating a spur of spring homebuilding.
Read More »The Week Ahead: Spotlight on Monetary Policy
On Tuesday and Wednesday, Fed Chair Jerome Powell will give his semiannual monetary policy testimony. Here’s what else is happening in the Week Ahead.
Read More »Powell Doubles Down on “Further Gradual” Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...
Read More »How Many Interest Rate Hikes Inbound in 2018?
With the Federal Reserve now under the leadership of recently sworn-in new Fed Chair Jerome Powell, many are watching to see how he deals with the challenges of the current market, and how his responses and philosophy will differ from ...
Read More »Fed Maintains Interest Rates as Yellen’s Tenure Winds Down
Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on expected inflation. “Gains in employment, household spending, and business fixed ...
Read More »Senate Confirms Powell as Federal Reserve Chair
The Senate confirmed Jerome Powell as the 16th chairman of the Federal Reserve on Tuesday after an 85-12 vote in favor of his confirmation. Powell will take over from current Federal Reserve Chair Janet Yellen after her term expires in ...
Read More »After Delay, Powell and Montgomery Noms Proceed to Full Senate
The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve System and Brian Montgomery as Assistant Secretary for Housing – Federal Housing Commissioner, ...
Read More »Powell Was Hesitant About Fed MBS Purchases in 2012
Transcripts released by the Fed provided insight into the man due to take over as Fed chair in 2018, assuming he receives Senate confirmation. The Fed published meeting transcripts from 2012 last week, continuing their policy of releasing such transcripts ...
Read More »