Tag: Jerome Powell
Fed’s Powell: Pandemic recession has particularly hurt women
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell expressed concern Monday that the pandemic recession has had an unusually harmful economic effect on women,...
Fed to begin slowing economic aid as inflation worries rise
WASHINGTON (AP) – The Federal Reserve will begin dialing back the extraordinary economic aid it's provided since the pandemic erupted last year, a response...
Removing Fed chair would be high-risk move
In the next few weeks, President Joe Biden will make a decision that will have far-reaching consequences for all Americans – Biden will decide...
Powell: Fed on track to slow aid for economy later this...
WASHINGTON (AP) – The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome...
Fed’s Powell: There’s no returning to pre-pandemic economy
WASHINGTON (AP) – Federal Reserve Chairman Jerome Powell said Tuesday that the United States economy has been permanently changed by the COVID pandemic and...
Powell says inflation, though elevated, will likely moderate
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated...
Fed’s Powell says high inflation temporary, will ‘abate’
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a...
Fed sees faster time frame for rate hikes as inflation rises
WASHINGTON (AP) – The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest rate policies...
Fed keeps key rate near zero, sees inflation as ‘transitory’
WASHINGTON (AP) – The Federal Reserve is keeping its ultra-low interest rate policies in place, a sign that it wants to see more evidence...
Fed’s Powell: U.S. nears full reopening to ‘different economy’
WASHINGTON (AP) – The United States economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve...
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