Garfield Reynolds

Stay informed with Garfield Reynolds’s coverage and analysis for Fortune.

  • WASHINGTON, DC – MARCH 22: Chairman of the US Federal Reserve Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting on March 22, 2023 in Washington, DC. (Photo by Chen Mengtong/China News Service/VCG via Getty Images)Finance

    The metric Fed Chair Powell touted as the guide to economic troubles says a recession and rate cuts are coming this year

    By Garfield Reynolds and Bloomberg
  • WASHINGTON, DC – MARCH 08: Federal Reserve Chair Jerome Powell removes his glasses as he testifies before the House Committee on Financial Services on Capitol Hill on March 08, 2023 in Washington, DC. During the hearing Powell took questions on a range of topics pertaining to the Federal Reserve’s Semi-Annual Monetary Policy Report and the state of the economy. (Photo by Anna Moneymaker/Getty Images)Finance

    Goldman Sachs says Fed will hit the brakes on interest rate hikes because of Silicon Valley Bank collapse

    By Christopher Anstey, Garfield Reynolds, and others