Federal Reserve Chair Holds News Conference
Federal Reserve Chair Jerome Powell announced another interest rate hike following speculation the board would vote to pause increases… read more
Federal Reserve Chair Jerome Powell announced another interest rate hike following speculation the board would vote to pause increases after recent bank failures. Chair Powell told reporters the board considered a pause but there was consensus to move forward with an increase. He reiterated the U.S. banking system is safe, sound, and resilient. close
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Fed Chair Powell: Our Banking System is Sound and Resilient
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