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By Christopher Rugaber, Associated Press
At a panel sponsored by the European Central Bank on Wednesday Powell said the Fed has avoided the mistake of underestimating the severity of pandemic's economic impact. But criticism of the Fed's policies has grown in recent months as inflation…
Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the…
The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December.
In our news wrap Wednesday, the Federal Reserve gave its strongest signal yet that an interest rate cut is coming. Fed Chair Jerome Powell said growing economic "uncertainty" makes the case for a rate reduction, which would be the first…
By PBS NewsHour
The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane…
By Vikram Mansharamani
What forces are affecting the greenback — and more importantly, what do the moves mean for you?…
By Benn Steil, Emma Smith
Global growth is stalling, and central banks are running out of options.
By Jon Shayne
What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy.
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