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UPDATE 1-Powell: Very strong support in Congress for an independent Fed
Reuters via Yahoo Finance· 5 days agoFederal Reserve Chair Jerome Powell said on Tuesday support for U.S. central bank independence remains "very strong" in Congress, pushing back on concerns ...
Fed’s Powell downplays potential for a rate hike despite higher price pressures
FOX 5 San Diego· 5 days agoWASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely...
Jerome Powell says it’s ‘different this time’—and Americans and their mortgage rates are a key...
Fortune· 5 days agoPowell stressed that the Fed’s preferred approach was to keep its benchmark rate at its current two-decade peak rather than increase it. “I don’t think that it’s likely, based on the data that ...
Fed’s Powell downplays potential for a rate hike despite higher price pressures
Seattle Times· 5 days agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key...
Stocks Flat As Powell Gets Covid; GameStop Dives As Nvidia Earnings Loom
Investor's Business Daily· 2 days agoThe major indexes traded sideways after the Dow Jones Industrial Average hit the 40,000 mark for the...
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
The Wall Street Journal· 8 hours agoRegulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
CNBC· 5 days agoFederal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than...
Fed's Powell downplays potential for a rate hike despite higher price pressures
Houston Chronicle· 5 days agoFederal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key...
UPDATE 3-US Fed's Powell expects inflation to fall, though not as confident as before
Reuters via Yahoo Finance· 5 days agoFederal Reserve Chair Jerome Powell on Tuesday gave a bullish assessment of where the U.S. economy stands now, with an outlook for continued above-trend ...
Powell says he expects inflation to move down but isn’t completely confident in this forecast
Market Watch· 5 days agoFederal Reserve Chair Jerome Powell said Tuesday that he sees inflation retreating in the coming...