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Federal Reserves chair Jerome Powell

Latest Daily Tribune news and analysis on Federal Reserves chair Jerome Powell.

  1. FEDERAL Reserve chair Kevin Warsh (left) said inflation remained too elevated due to the Middle East conflict, prompting the Fed to hike rates for the first time in three years, for reasons similar to those cited by Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. for the BSP’s three rate hikes this year.

    Fed hike narrows gap with BSP policy rate

    US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…