News with the tag "Jay Powell"

Christine Lagarde, the leader of the European Central Bank, has cautioned about the potential enduring consequences of the recent global economic upheaval, addressing the US Federal Reserve annual conference in Jackson Hole, Wyoming. She emphasized that this turbulence could result in a prolonged el...

Federal Reserve Chair Jay Powell says his agency is paying close attention to financial institutions that are heavily exposed to the commercial real estate sector. In a new appearance at the ECB Forum on Central Banking, Powell addressed concerns about commercial real estate loans and whether they p...