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Updated 2/23/21, 9:15 a.m.WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that…
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Powell Stresses Commitment To Full Employment And Low RatesWASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it…
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Fed Sees Dim Economic Outlook As Virus Squeezes EconomyUpdated 7/29/20, 11:41 a.m.WASHINGTON — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic…
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WASHINGTON — The Federal Reserve took emergency action Sunday to help the economy withstand the coronavirus by slashing its benchmark interest rate to…
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The Federal Reserve cut interest rates by the largest amount since the 2008 financial crisis, but the emergency move failed to mollify investors worried about the coronavirus epidemic.
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WASHINGTON — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s…
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The Federal Reserve's decision to leave interest rates alone follows three rate cuts this year. It reflects its view that the U.S. economy has so far…
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WASHINGTON — Federal Reserve Chairman Jerome Powell said Friday that the U.S. economy is facing some risks at the moment, but overall it is in a "good…
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WASHINGTON — Finance officials from the world's major powers acknowledged Friday that the global economy is in a slowdown, but they forecast that growth…