Tag: Federal Reserve System
Powell likens emergency Covid efforts to efforts at Dunkirk
WASHINGTON — Federal Reserve Chairman Jerome Powell compared the actions taken by the central bank early in the pandemic as the economy barreled toward...
Fed says restrictions on bank dividends and buybacks to end
WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...
Survey: Business economists favor increased federal spending
WASHINGTON — A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that...
Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...
Powell: US economy gaining, but recovery ‘far from complete’
WASHINGTON — Federal Reserve Chair Jerome Powell reiterated his belief Friday that while the U.S. economy has been steadily rebounding from the devastation caused...
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
This Week: Industrial production, housing starts, Nike earns
A look at some of the key business events and economic indicators upcoming this week:
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Yellen’s encore: Lending economic heft to Biden’s virus plan
WASHINGTON — On a cold, gray February afternoon, Treasury Secretary Janet Yellen stepped out of the West Wing wrapped in a puffy black parka...
