You have searched for "Boston Fed President"
Showing 1-10 of 64
WASHINGTON: U.S. Federal Reserve Chair Jerome Powell on Thursday promised to redouble efforts to find "diverse candidates" to replace two high-profile officials who resigned this week after criticism of their securities trading, as the central bank tried to regroup from a blow to its typically staid, technocratic image.
WASHINGTON: U.S. consumer and public interest groups on Monday kept up the pressure on Federal Reserve Chair Jerome Powell to impose stricter ethics rules on Fed officials, after two Fed bank presidents resigned because of controversial investing activity last year.
WASHINGTON: U.S. Federal Reserve Chair Jerome Powell said on Wednesday he was displeased with the active investing carried out by two Fed regional bank presidents and pledged the central bank's ethics rules will be tightened after a thorough review.
WASHINGTON: Federal Reserve Chair Jerome Powell has ordered a sweeping review of the ethics rules governing financial holdings and dealings by senior officials at the U.S. central bank, a Fed spokesperson said on Thursday.
Media reports this week that two of the Federal Reserve's 12 regional bank presidents were active traders has some of the central bank's most vocal critics questioning the rules that allowed them to engage in the transactions in the first place.
WASHINGTON: Two Federal Reserve officials said on Thursday they would sell their individual stock holdings by the end of the month to address the appearance of conflicts of interest.
NEW YORK:A gauge of global equity markets rose to record highs on Tuesday, led by surging technology-related stocks, as Treasury bond yields eased after U.S. consumer price data for March showed the pace of inflation was not rising wildly.
WASHINGTON DC: The US economic recovery from the novel coronavirus epidemic is set to be challenging and there will be no quick fix, Federal Reserve chair Jerome Powell(pic) said on Friday in comments that reinforced his recent cautionary stance.
WASHINGTON: In Plymouth, Massachusetts, 2020 was supposed to be a big year. A summer-long series of events had been planned to mark the 400th anniversary of its settlement by English Puritans.