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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 -
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President Donald Trump speaks accompanied by from left, Cookeville Mayor Ricky Shelton, Tennessee first lady Maria Lee, and Gov. Bill Lee, R-Tenn., tour damage from a recent tornado, Friday in Cookeville, Tenn.
Economy

White House worried about Republican opposition to controversial Trump Fed pick

Nihal Krishan -
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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.
Economy

Jerome Powell pledges low interest rates for ‘years’ to come

Nihal Krishan -
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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.
Economy

In major strategy overhaul, Fed opens door to higher inflation to pursue stronger recoveries

Joseph Lawler -
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Jerome Powell takes the oath of office as the new chairman of the Federal Reserve, Monday, Feb. 5, 2018, in Washington. (AP Photo/Andrew Harnik)
Economy

Warren bill would require Fed to target racial employment and wage gaps

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

Controversial Trump Fed nominee Judy Shelton confirmed by Senate committee

Nihal Krishan -
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Federal Reserve ‘crossed a lot of red lines’ with pandemic emergency measures, chairman says
Economy

Federal Reserve ‘crossed a lot of red lines’ with pandemic emergency measures, chairman says

Nihal Krishan -
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EXCLUSIVE - Bill Maher speaks on stage at the 2014 Television Academy Hall of Fame on Tuesday, March 11, 2014, at the Beverly Wilshire in Beverly Hills, Calif.
Beltway Confidential

Bill Maher offers lone voice of fiscal sanity

Jon Miltimore -
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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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