Fed raises key rate but hints it may pause amid bank turmoil

<ul><li>In a statement after its latest policy meeting, the Fed removed a sentence from its previous statement that had said “some additional” rate hikes might be needed.</li></ul>

No Santa rally for markets as central banks dampen peak rate hopes

<ul><li>Central banks in the United States, euro zone, Britain and Switzerland met on Wednesday and Thursday and all slowed the pace of aggressive rate moves.</li></ul>

US Fed's fight against inflation will require more forceful policy action

Powell indicated that further forceful policy moves lie ahead. In other words, another 75 basis-point hike at the September meeting cannot be ruled out.

<ul><li>Powell indicated that further forceful policy moves lie ahead. In other words, another 75 basis-point hike at the September meeting cannot be ruled out.</li></ul>

‘How’s That for a Lesson?’: Wall Street Reviews Rocky Six Months

In early January, the outlook for the next 12 months looked pretty rosy to Wall Street, with some predicting that the S&P 500 Index would reach 5,500 by year’s end. But 2022 had other plans.

US Fed shredding 'forward guidance' - for good or ill

The latest of this year's financial market quakes is a snapshot of how one of the three main monetary policy levers has been junked of necessity and, probably, by choice.

Top Jerome Powell News

markets

Fed raises key rate but hints it may pause amid bank turmoil

markets

No Santa rally for markets as central banks dampen peak rate hopes

markets

US Fed's fight against inflation will require more forceful policy action

markets

‘How’s That for a Lesson?’: Wall Street Reviews Rocky Six Months