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In this Dec. 1, 2020 file photo, Federal Reserve Chairman Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington.
Business

The Fed keeps rates ultra-low amid improving economy

Zach Halaschak -
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Powell says Fed expects inflation rise this year to be ‘neither particularly large nor persistent’
News

Powell says Fed expects inflation rise this year to be ‘neither particularly large nor persistent’

Zach Halaschak -
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Fed sees strong growth and rapidly falling unemployment but no rate hikes for years
Business

Fed sees strong growth and rapidly falling unemployment but no rate hikes for years

Zach Halaschak -
0
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Thursday, July 11, 2019.
News

‘Statement of confidence’: Powell says bond markets validate Fed stance amid inflation fears

Tyler Van Dyke -
0
Sen. Pat Toomey, the Pennsylvania Republican, speaks during a ceremony to award World War II veteran Clarence Smoyer, 96, the Bronze Star at the World War II Memorial, Wednesday, Sept. 18, 2019, in Washington.
News

Top Republican warns Fed chairman Powell against focusing on climate change and race

Tyler Van Dyke -
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Federal Reserve independence is the best hedge against inflation
Beltway Confidential

Federal Reserve independence is the best hedge against inflation

Bruce Yandle -
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Federal Reserve Chairman Jerome Powell attends a meeting of the Federal Reserve Board to discuss proposed rules to modify the enhanced prudential standard framework for large banking organizations, Wednesday, Oct. 31, 2018, at the Marriner S. Eccles Federal Reserve Board Building in Washington.
Business

Fed pledges to keep up massive bond purchases ‘until substantial further progress’

Jay Heflin -
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Mnuchin wants $455B in unused COVID-19 emergency funds returned by Fed
News

Mnuchin wants $455B in unused COVID-19 emergency funds returned by Fed

Spencer Neale -
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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 -
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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 -
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