The Fed's number two official that if the recovery progresses as he expects, the central bank could launch its first post-COVID rate hike at the beginning of 2023.

Powell was careful not to discuss when the Fed might formally announce the taper Last Updated: Aug. 27, 2021 at 11:22 a.m. ET First Published: Aug. 27, 2021 at 10:00 a.m. ET Share ...

Days after reaching broad consensus that labor markets have healed enough for the Federal Reserve to soon begin withdrawing support, Fed Chair Jerome Powell on Friday heard from a broad range of ...

But then-Fed Chair Ben Bernanke gave away some of his thinking during congressional testimony in 2013. Markets were not prepared for that, and it led to a big global sell-off in both stocks and bonds.

The Federal Reserve has nixed the controversial word "transitory" to describe inflation in its latest policy statement. The change in language comes as the Fed plans to speed up its tapering of ...

Evans is the third official this week to signal a QE taper. Richard Fisher, president of the Dallas Fed, and Dennis Lockhart, president of the Atlanta Fed, parroted Evans' sentiment.

Taper tantrum fears: Fed chair has to be careful not to unleash market chaos. Stephen Bartholomeusz Senior business columnist. August 23, 2021 — 11.59am. August 23, 2021 — 11.59am. Save.

Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, ... Powell Says Taper Could Start in 2021, With No Rush on Rate Hike.