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Controversial Trump Fed nominee Judy Shelton headed toward Senate floor vote
Economy

Controversial Trump Fed nominee Judy Shelton headed toward Senate floor vote

Nihal Krishan -
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Randal Quarles, vice chairman of supervision at the Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, Oct. 2, 2018. The hearing focused on implementation of a new law easing Dodd-Frank Act rules on community and midsize banks.
Energy and Environment

Federal Reserve seeks to join network of central banks addressing climate change risks

Abby Smith -
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FILE - This Sept. 18, 2013 file photo shows the Federal Reserve headquarters in Washington. Minutes of the Fed's discussion at its July 29-30, 2014 meeting show that some officials thought the economy was improving enough that the Fed would need "to call for a relatively prompt move" toward reducing the support it has been providing. Otherwise, they felt the Fed risked overshooting its targets for unemployment and inflation.
Economy

Federal Reserve keeps rates near zero while it looks for signs the economy will hold up

Nihal Krishan -
0
President Donald Trump speaks during a National Day of Prayer event in the Rose Garden of the White House, Thursday, May 2, 2019, in Washington.
Economy

The question that will define Trump’s pre-pandemic economic record

Nihal Krishan -
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FILE - In this Friday, Nov. 23, 2012 file photo, a cashier hands a customer his change and receipt during a transaction at a Sears store, in Henderson, Nev. The University of Michigan issues its index of consumer sentiment for June, 2014 on Friday, June 27, 2014. (AP Photo/Julie Jacobson, File)
Business

Inflation slowed in September

Jay Heflin -
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Fed report shows a promising turnaround for low-wage workers, but that was before the pandemic
Economy

Fed report shows a promising turnaround for low-wage workers, but that was before the pandemic

Karl Polzer -
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A person calculates taxes.
Business

Nearly a quarter of people are struggling to make ends meet during the pandemic

Jay Heflin -
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Powell warns of ‘tragic’ consequences if government doesn’t back stronger recovery
Economy

Powell warns of ‘tragic’ consequences if government doesn’t back stronger recovery

Nihal Krishan -
0
James Bullard, president of the Federal Reserve Bank of St. Louis, estimated that the Fed may only raise its short-term interest rate target to 0.63 percent by 2018. (Nicky Loh/Bloomberg)
Economy

Full economic recovery possible by end of year, St. Louis Fed president says

Nihal Krishan -
0
Federal Reserve Chairman Jerome Powell gives a testimony at a hearing.
Business

Powell defends Federal Reserve against report that it helped investors and hurt workers during pandemic

Jay Heflin -
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