Fed Chairman Powell Needs More Rate Hikes as Labor Market Strong – Bloomberg

Federal Reserve Chairman Jerome Powell said several more interest rate hikes would be needed to keep inflation under control. He said recent data showed that the labor market remained extremely tight. “I think we will need more rate hikes,” he said in an interview with David Rubenstein at the Economic Club of Washington on Wednesday, […]

Flying to military bases and aircraft carriers in the Trump administration, the type of downed balloons is also in Taiwan-Bloomberg

Chinese balloons suspected of conducting reconnaissance activities were confirmed to have intruded into U.S. airspace several times during the Trump administration, three of which flew near sensitive military installations and training grounds. This was confirmed by several people familiar with the matter. Balloons have been spotted around US Navy and Air Force bases in Texas, […]

Schwab’s Flynn Says Time to Pause Rate Hikes Will Be Investor Focus – Bloomberg

The US stock market continued to rise on the 1st. Federal Reserve Chairman Jerome Powell said at a news conference after the Federal Open Market Committee (FOMC) meeting that the Fed was making progress in its fight against inflation. But he also warned that further rate hikes would likely be justified. stock closing price Compared […]

FOMC Expected to Continue Tightening Rate Hikes to 0.25 Percentage Points – Bloomberg

At the Federal Open Market Committee (FOMC) meeting on the 1st, the Fed is expected to continue tightening monetary policy aimed at curbing inflation, while continuing to narrow down the range of interest rate hikes. Federal Reserve Board (FRB) Chairman Jerome Powell, who will hold a press conference after the meeting, is expected to dismiss […]