James Bullard
FILE - Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington, Tuesday, Dec. 1, 2020. The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday, June 22, 2021 at a congressional oversight hearing. (AP Photo/Susan Walsh, Pool)
Fed's Powell says high inflation temporary, will 'wane'

By Christopher Rugaber Jun. 22, 2021 02:47 PM EDT

FILE - Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington, Tuesday, Dec. 1, 2020. The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday, June 22, 2021 at a congressional oversight hearing. (AP Photo/Susan Walsh, Pool)
Powell says economy growing rapidly, inflation up 'notably'

By Christopher Rugaber Jun. 21, 2021 06:24 PM EDT

A currency trader passes by screens showing foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 18, 2021. Asian shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on raising short-term interest rates by late 2023. (AP Photo/Ahn Young-joon)
Stocks open lower, pushing the S&P 500 toward a weekly loss

The Associated Press Jun. 18, 2021 02:34 AM EDT

A man walks past a bank's electronic board showing the Hong Kong share index in Hong Kong Tuesday, May 25, 2021. Asian stock markets followed Wall Street higher Tuesday as inflation fears eased and investors regained an appetite for risk.(AP Photo/Vincent Yu)
Asian stocks follow Wall St higher as inflation fears ease

By Joe Mcdonald May. 23, 2021 11:43 PM EDT