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Federal Reserve chairman warns economy may not ‘fully recover’ until coronavirus vaccine is developed
Economy

Federal Reserve chairman warns economy may not ‘fully recover’ until coronavirus vaccine is developed

Mica Soellner -
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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.
Healthcare

Congress and Trump get somber warning of lasting economic damage from the crisis

Cassidy Morrison -
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year.
Business

Federal Reserve Chairman Powell opposes negative rates despite Trump entreaties

Jay Heflin -
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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.
Business

Jerome Powell promises zero rates until economy has ‘weathered’ pandemic

Jay Heflin -
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, D.C.
Business

‘Heartbreaking’: Powell laments that pandemic ended historic low unemployment for minorities

Jay Heflin -
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Federal Reserve Chairman Jerome Powell gives a testimony at a hearing.
Business

Already near zero, Federal Reserve holds interest rates steady as it tries to limit pandemic damage

Jay Heflin -
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Venture capitalist Chamath Palihapitiya rips Fed chairman for ‘creating a bigger problem’ during pandemic
Economy

Venture capitalist Chamath Palihapitiya rips Fed chairman for ‘creating a bigger problem’ during pandemic

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

Fed tries to aid states and cities wracked by pandemic as part of $2.3 trillion in new rescue lending programs

Nihal Krishan -
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year.
Economy

Fed Chairman Jerome Powell warns of ‘false start’ in reopening economy

Nihal Krishan -
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FILE- This March 27, 2009, file photo, shows the Federal Reserve Building on Constitution Avenue in Washington. With an eye on the “fiscal cliff,” the Federal Reserve is expected to announce a new bond-buying plan to support the U.S. economy on Tuesday, Dec. 11, 2012.
Economy

Fed commits to unlimited bond purchases in bid to counter pandemic fallout

Joseph Lawler -
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