Janice Eberly News Today

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

SAN ANTONIO—The good news: the U.S. is headed for growth this year, not recession. The bad news: there is as yet little prospect growth will be any better than before

Whether or not the economy falls into an actual recession -- meaning two straight quarters of negative growth - is uncertain and perhaps beside the point....

A COVID-driven recession with temporary inflation is now followed by a strong recovery that follows no standard models.

Washington — President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as governor, setting her on a path to become the central bank’s first pol...

President Biden on Friday announced two key nominations to the Federal Reserve Board, naming the first Latina governor and second Black vice chair at the central bank.

Leave a comment on this storyCommentPresident Biden announced two major nominations to the Federal Reserve Board on Friday, the first for a Latino

Biden will promote Philip Jefferson to vice chair — he would be the second Black person in that post — and nominate Lisa Cook, who last year became the first Black woman on the Fed board, to a full 14-year term.

Leave a comment on this storyCommentPresident Biden announced two major nominations to the Federal Reserve Board on Friday, the first for a Latino

While Northwestern University Prof. Janice Eberly is considered a strong candidate for the Fed post, the search continues. WASHINGTON—The White House is…