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3 days ago · The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said. The ...
May 22, 2024 · Federal Reserve chair Jerome Powell. AP Photo/Susan Walsh, File. After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month...
May 14, 2024 · Jerome H. Powell, the Federal Reserve chair, reiterated Tuesday that policymakers were poised to hold interest rates steady at a high level as they waited for evidence that inflation is...
May 19, 2024 · May 19, 2024, 3:41 PM PDT. Jerome Powell speaks during a news conference on May 1 after a Federal Open Market Committee meeting. Al Drago—Bloomberg via Getty Images. Federal Reserve Chair...
May 22, 2024 · Item 1 of 2 Federal Reserve Chair Jerome Powell holds a press conference following the U.S. central bank's two-day policy meeting in Washington, U.S., May 1, 2024.
May 17, 2024 · Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. “Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a Fed spokesperson said.
May 14, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and...