Jerome Powell disregards potential depression; reiterates commitment to US economy

Will address Senate Committee on Banking, Housing and Urban Affairs

James Baxter-Derrington
clock • 2 min read

Federal Reserve chairman Jerome Powell is set to reiterate the US central bank’s commitment to use its "full range of tools" to support the economy and has denied the threat of a depression.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Hargreaves Lansdown's Derren Nathan: Optimism for equity markets as AI trumps geopolitics

Hargreaves Lansdown's Derren Nathan: Optimism for equity markets as AI trumps geopolitics

Strait of Hormuz to reopen

Derren Nathan
clock 19 June 2026 • 3 min read
FE fundinfo's Maryam Longrus: In defence of redemption gates

FE fundinfo's Maryam Longrus: In defence of redemption gates

‘Restraint can be a rational strategy’

Maryam Longrus
clock 17 June 2026 • 4 min read
Market Movers blog: SpaceX share rally continues as investor optimism builds around US-Iran deal

Market Movers blog: SpaceX share rally continues as investor optimism builds around US-Iran deal

Latest news and analysis

Investment Week
clock 16 June 2026 • 1 min read
Trustpilot