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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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