Federal Reserve Chair Jerome Powell testified on the Fed’s semiannual monetary policy report before the House Financial Services Committee. He said that economic activity expanded at a stron…
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Federal Reserve Chair Jerome Powell announced that the central bank was keeping its interest rate policy unchanged at present. He said the current rate of 5.25% to 5.5% was likely at its pea…
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Federal Reserve Chair Jerome Powell and others discussed monetary policy and global economic challenges at the International Monetary Fund’s (IMF) annual conference.
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Federal Reserve Chair Jerome Powell announced the board would keep its policy interest rate unchanged, at 5.25-5.50%, during a news conference in Washington, D.C. He further said that the pr…
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Federal Reserve Chair Jerome Powell stressed the core target inflation range remains at two percent and said the Fed is prepared to increase the interest rate higher if needed to tackle high…
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Federal Reserve Chair Jerome Powell announced an interest rate hike, bringing the nation’s key borrowing rate to its highest point in more than two decades. The Federal Reserve began increas…
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Federal Reserve Chair Jerome Powell said he believes core inflation will not hit 2% target range until 2025. Since March 2022, the Federal Reserve has used interest rate hikes as a tool to a…
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Federal Reserve Chair Jerome Powell said that even though the Federal Reserve did not raise interest rates at their last meeting, there is a strong possibility of one to two interest rate hi…
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“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. T…
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Federal Reserve Chair Jerome Powell and former Chair Ben Bernanke discussed monetary policy, inflation, and the economy, at an agency-hosted conference. Since March 2022 the Federal Reserve …
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Federal Reserve Chair Jerome Powell said no decision has been made regarding the interest rate hike expected in mid-March. His comments before the House Financial Services Committee came one…
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Federal Reserve Chair Jerome Powell told lawmakers future interest rate hikes could be higher and last longer than previously expected. Chair Powell’s testimony before the Senate Banking Com…
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Federal Reserve Chair Jerome Powell was interviewed at an Economic Club of Washington, D.C., discussion on the central bank’s mission and priorities. Chair Powell said high inflation remains…
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Federal Reserve Chair Jerome Powell announced another interest rate hike to address inflation and intimated additional increases are likely in the future. Chair Powell spoke about the econom…
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Treasury Secretary Janet Yellen hosted a meeting of the Financial Stability Oversight Council.
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During a news conference, Federal Reserve Chair Jerome Powell announced an interest rate hike of half a percentage point. This increase is smaller than those from earlier in the year. Lookin…
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Federal Reserve Chair Jerome Powell discussed the possibility of moderate interest rate increases and finding the right balance to lower inflation. Other topics included the labor market, wa…
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As expected, Federal Reserve Chair Jerome Powell announced 0.75 percentage point rate hike aimed at curbing inflation. It was the sixth rate increase of 2022. His announcement came at a news…
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Leaders from nonprofits and a community college talked about the effects of the COVID-19 pandemic on their organizations. They spoke during a listening session with the Federal Reserve Board…
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During a listening session with the Federal Reserve Board of Governors, small business owners talked about how the COVID-19 pandemic affected their industries. The discussion was part of an …
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