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Tag Archives: fed

Fed’s Powell sees steady growth, signals pause in rate cuts

Jerome Powell

WASHINGTON — Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a ...

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Bernanke: U.S. economy still needs Fed’s stimulus

WASHINGTON — Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve’s low interest rate policies. Bernanke told the National Bureau of Economic Research that because unemployment remains high and inflation is below the ...

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Feds raid five Cecil liquor stores

As part of a years-long investigation into suspected liquor smuggling between Cecil County and New York retailers, federal investigators have raided five shops where people are suspected of illegally acting as middlemen for hundreds of thousands of dollars’ worth of alcoholic beverages since 2009.

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