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Fed Chair Powell says omicron variant poses risk to economy, complicates inflation

Federal Reserve Chairman Jerome Powell believes that the omicron variant of Covid-19 and a recent uptick in coronavirus cases pose a threat to the U.S. economy and muddle an already-uncertain inflation outlook."The recent rise in COVID-19 cases and the emergence of the Omicron...

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair – Silver Doctors

Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to serve as Vice Chair… From WhiteHouse.gov Today, President Biden announced his intent...

Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation

Jerome Powell, who guided the Federal Reserve and the nation's economy through the staggering and sudden Covid-19 recession by implementing unprecedented monetary stimulus, has been nominated for a second term as chairman of the U.S. central bank.President Joe Biden made the announcement Monday...

From Powell to Brainard – Silver Doctors

“…gold and silver prices are about to explode higher in that ‘gradually and then all at once’ move that…”  by Craig Hemke via Sprott Money News So what happened last Thursday? Why did bond yields suddenly plunge while COMEX gold prices soared? Was it simply...

Biden meets with Fed’s Jerome Powell and Lael Brainard as nomination decision nears

Lael Brainard, governor of the U.S. Federal Reserve with Fed Governors, Jerome Powell and Stanley Fischer.Andrew Harrer | Bloomberg | Getty ImagesPresident Joe Biden met with Federal Reserve Chairman Jerome Powell and Governor Lael Brainard on this week as the administration decides whom...

Yellen tells Biden that Fed Chair Powell has done a ‘good job’ as renomination looms

Treasury Secretary Janet Yellen said she has discussed with President Joe Biden how he should proceed on naming a Federal Reserve chairman and praised the current holder of the position.Though she did not disclose any specific plans Biden has, Yellen said she gave...