Powell's high-stakes bet: More jobs but only mild inflation With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble By CHRISTOPHER RUGABER AP Economics Writer...
Photo taken on Feb. 17, 2021 shows the U.S. Federal Reserve in Washington, D.C., the United Sta...
Fed's Powell: US nears full reopening to 'different economy' Federal Reserve Chair Jerome Powell says the U.S. economy is headed toward a strong recovery, though he cautioned not all will immediately benefit By CHRISTOPHER RUGABER AP Economics Writer Ap...
The Associated Press FILE - In this Tuesday, Dec. 1, 2020, file photo, Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington. Powell says the economic recovery from the coronavirus pan...
Fed's Powell: Public should understand risks of Bitcoin Federal Reserve Chair Jerome Powell said Monday that the U.S. public needs to understand the risks behind Bitcoin and other cryptocurrencies, even as the central bank itself is studying the potenti...
Powell says economy recovering but Fed support still needed Federal Reserve Chairman Jerome Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected By MARTIN CRUTSINGER AP Economics Writer March 23, 2021...
New challenge for the Powell Fed: A strengthening economy For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of the viral pandemic and clear evidence of an improving economy...
Powell: Higher inflation temporary, no rate hikes in sight Federal Reserve Chair Jerome Powell says inflation will likely pick up in the coming months but the increase will be temporary, and won’t be enough for the Fed to alter its low-interest rate p...
Fed's Powell: Recovery incomplete, high inflation unlikely Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies an...
Powell signals Fed will keep aiding economy with bond buyingFederal Reserve Chair Jerome Powell sought to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signa...
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