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Craig Torres

Stay informed with Craig Torres’s coverage and analysis.

Photo of Jerome Powell
Economy
Fed’s Powell walks tightrope of being late but not ‘Mr. Too Late’
By Craig Torres and BloombergApril 25, 2025
US debt sustainability now seen as top financial stability risk
Finance
US debt sustainability now seen as top financial stability risk
By Craig Torres and BloombergNovember 22, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference.
Finance
Jerome Powell’s power grows after Fed endorses interest rate cut
By Craig Torres and BloombergSeptember 25, 2024
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, is seen in a black business jacket and light blue professional shirt. He is gesturing with his hands will addressing an audience.
Finance
Bostic guilty of breaking rules—but not insider trading: Fed watchdog
By Craig Torres, Jonnelle Marte and BloombergSeptember 11, 2024
Christopher Waller listens while seated
Finance
Fed governor doesn’t see a recession but is open to jumbo rate cuts
By Craig Torres, Mark Niquette and BloombergSeptember 6, 2024
Jerome Powell
Finance
Fed Chair Jerome Powell warns: Inflation isn’t ‘the only risk we face’
By Craig Torres and BloombergJuly 9, 2024
Fed Chair Jerome Powell gestures with hand
Finance
It really might be different this time as the Fed puzzles over why high rates aren’t hitting the economy harder
By Craig Torres, Alex Tanzi and BloombergJune 9, 2024
Eric Rosengren
Finance
The 2 Fed officials who traded stocks and assets during the pandemic weren’t technically breaking any rules, watchdog finds
By Catarina Saraiva, Craig Torres and BloombergJanuary 22, 2024
The Fed looks set to hold interest rates steady next month, but there is ‘a very substantial risk’ it will hike them again later
Finance
The Fed looks set to hold interest rates steady next month, but there is ‘a very substantial risk’ it will hike them again later
By Craig Torres, Rich Miller and BloombergOctober 14, 2023
Jerome Powell
Finance
The American banking system is hugging tightly to the Fed with billions of borrowing from the backstop barely budging
By Craig Torres, Alexandra Harris and BloombergMarch 23, 2023
Investors betting on a Fed loosening may be underestimating Powell’s warning rates will stay high for ‘some time’
Finance
Investors betting on a Fed loosening may be underestimating Powell’s warning rates will stay high for ‘some time’
By Craig Torres, Liz Capo McCormick and BloombergDecember 11, 2022
Jerome Powell
Finance
Jerome Powell’s signal that the Fed will slow its interest rate hikes sends the S&P index up
By Craig Torres and BloombergNovember 30, 2022
Fed officials are so encouraged by the latest inflation numbers that they’re signaling slower interest rate hikes ahead
Finance
Fed officials are so encouraged by the latest inflation numbers that they’re signaling slower interest rate hikes ahead
By Catarina Saraiva, Craig Torres, Steve Matthews and BloombergNovember 10, 2022
Photo of Mary Daly, the Federal Reserve Bank of San Fransisco's president
Finance
San Francisco’s Fed president calls inflation a ‘corrosive disease’ and a ‘toxin’
By Craig Torres and BloombergOctober 4, 2022
‘What if we are in a new era?’: A Fed bank president says the post-pandemic economy could include more ‘inflationary headwinds’
Finance
‘What if we are in a new era?’: A Fed bank president says the post-pandemic economy could include more ‘inflationary headwinds’
By Craig Torres and BloombergOctober 3, 2022
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Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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