Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. America’s debt crisis is not an immediate problem, but it could become one if nothing changes. That is a quote from Federal Reserve Chair Jerome Powell given in a recent interview with Harvard economics students (1). Powell said: “The debt situation … Read more
The SPDR S&P 500 ETF (SPY) is down 7% year-to-date through March 30, 2026, while the VIX rose to 30.61 as energy shocks driven by WTI crude oil above $100 a barrel threaten to reverse inflation. Core PCE inflation reached 128.394 in January 2026, its highest figure in 12 months, while the yield of the … Read more
CAMBRIDGE, Mass. (AP) – Federal Reserve Chairman Jerome Powell said Monday that it is important to carefully watch inflation during the rise in energy prices since the Iran war. Watch Powell’s comments in full in the video player above. Powell, who spoke in front of about 400 students at Harvard University when gas prices averaged … Read more
The chairman of the Federal Reserve Jerome Powell gave a strong assessment of the health of the American finances on Monday, telling a Harvard economics group that while the national debt of $ 39 trillion is not immediately dangerous, the way the country is in requires urgent attention from the lawmakers. Powell said during a … Read more
The chairman of the Federal Reserve Jerome Powell gave a strong assessment of the health of the American finances on Monday, telling a Harvard economics group that while the national debt of $ 39 trillion is not immediately dangerous, the way the country is in requires urgent attention from the lawmakers. Powell said during a … Read more
The chairman of the Federal Reserve, Jerome Powell, said on Monday that he sees no risk of contagion in the private credit markets at this time that could spread to the broader financial system, although the central bank is watching the situation carefully. “We’re looking for connections to the banking system, and things that might … Read more
Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more
Powell said high energy prices have not created a tough choice for the Fed With inflation running above target, the Fed is watching inflation expectations Powell sees less risk in the labor market Financial markets have written off bets on a Fed rate hike this year CAMBRIDGE, Massachusetts, March 30 (Reuters) – Federal Reserve Chairman … Read more
The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more