Powell: Fed on track to slow aid for economy later this year

August 27, 2021 Comments Off on Powell: Fed on track to slow aid for economy later this year

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said.

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

November 13, 2019 Comments Off on Fed’s Powell sees steady growth, signals pause in rate cuts

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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Powell may signal future rate cuts, but would they matter?

August 21, 2019 Comments Off on Powell may signal future rate cuts, but would they matter?

WASHINGTON — The economy is slowing, the trade war is raging and the president is repeatedly attacking. Under the glare of a spotlight, Chairman Jerome Powell may signal Friday what the Federal Reserve will do — or can do — ...

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