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Federal Reserve Chairman Jerome Powell, left, chats with economist Philip Jefferson outside of Jackson Lake Lodge during the Jackson Hole Economic Symposium near Moran in Grand Teton National Park, Wyoming, Friday, Aug. 25, 2023.
News

Philip Jefferson confirmed as vice chairman of Fed as it tries to bring down inflation

Zach Halaschak -
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Federal Reserve Chair Jerome Powell speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building following a Federal Open Market Committee meeting on Wednesday, July 26, 2023, in Washington.
News

Powell says Fed will ‘proceed carefully’ but leaves door open to more rate hikes

Zach Halaschak -
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Anthony Maggert and former Secretary of State Colin Powell pose for a photo.
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Powell expected to walk tightrope on future Fed action in anticipated annual speech

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
News

Days of Fed’s historic tightening cycle may be numbered, thanks to inflation news

Zach Halaschak -
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Senate Banking, Housing and Urban Affairs Chairman Sherrod Brown, D-Ohio, left, and ranking member Tim Scott, R-S.C. talk during a hearings to examine recent bank failures and the Federal regulatory response, Tuesday, March 28, 2023, on Capitol Hill, in Washington.
News

Biden Fed nominees advance to Senate vote

Zach Halaschak -
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Economy

Mortgage rates spike to 6.81% shutting buyers ‘out of the market’

Zach Halaschak -
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The likeness of Benjamin Franklin is seen on a U.S. $100 bill, Wednesday, Feb. 22, 2023, in Marple Township, Pennsylvania. (AP Photo/Matt Slocum)
News

Social Security update: Direct payment worth $914 arriving in 12 days

Misty Severi -
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Discussions on the future of Social Security have occurred in Congress for years, and experts have warned that the program could be insolvent in 10 years if nothing is done.
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Social Security update: First of March’s two SSI payments will arrive in 13 days

Misty Severi -
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Mounting evidence of inflation slowdown means Fed set to ease off the brakes

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022.

Fed will stay out of climate policy, Chairman Powell pledges

Zach Halaschak -
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