The U.S. central bank is working to improve banks’ resilience amid economic disruptions caused by increasingly extreme weather, Jerome Powell says
The Federal Reserve stands ready to respond to climate-change related weather disruptions to the economy and is working to ensure banks’ resilience from unexpected shocks tied to a warming global environment, Fed Chairman Jerome Powell told Congress in an April letter.
“Although addressing climate change is a responsibility that Congress has entrusted to other agencies, the Federal Reserve does use its authorities and tools to prepare financial institutions for severe weather events,” Mr. Powell wrote in a letter to Sen. Brian...
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Here's the one word from Jerome Powell that has people raising their eyebrowsIt only took one word from Fed Chairman Jerome Powell on inflation to send the markets reeling, and that word was 'transitory.'
Lire la suite »
Fed 'insurance' rate cut not likely soon as economy hums alongFederal Reserve Chairman Jerome Powell was criticized by analysts and investors ...
Lire la suite »
Watch Fed Chairman Jerome Powell's news conference liveFederal Reserve Chairman Jerome Powell spoke with news media members Wednesday after the central bank wrapped up its two-day policy meeting.
Lire la suite »
Powell will try not to draw ire of Trump or rock markets after Fed meeting WednesdayFed Chairman Jerome Powell will try to not to upset markets or the White House when he speaks Wednesday.
Lire la suite »
Powell has to walk verbal tightrope as market could pounce on interest-rate clues in either directionFed Chairman Jerome Powell will try not to make many waves and stick to a “on-hold” policy posture at his press conference on Wednesday as the market remains...
Lire la suite »
Cramer: Don't expect Fed Chair Powell to bow to TrumpJim Cramer on Thursday called it a 'lunatic theory' to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates.
Lire la suite »
Federal Reserve fends off efforts to be politicized by President Trump... for nowFed Chair Jerome Powell has made clear the central bank will not bend to the will of President Donald Trump, and so far it's winning.
Lire la suite »
Elon Musk may buy $10 million of Tesla stock in new offeringIt only took one word from Fed Chairman Jerome Powell on inflation to send the markets reeling, and that word was 'transitory.'
Lire la suite »
Fed chair: 'Men and women should make the same for the same work'Federal Reserve Chairman Jerome Powell said Wednesday that 'men and women should make the same for the same work, by and large.'
Lire la suite »
Dow drops 120 points, stocks fall for a second day after Fed Chief Powell signals no rate cut soonStocks closed lower for a 2nd day, with the Dow dropping 120 points. Dow Chemical was the biggest loser on the Dow, and Home Depot was the biggest winner. Energy, materials and communication services closed lower.
Lire la suite »
Live blog of Fed interest-rate decision and Powell press conferenceThe Federal Reserve is announcing its interest-rate decision at 2 p.m. Eastern, followed by a press conference from Chairman Jerome Powell at 2:30 p.m....
Lire la suite »