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Asian stocks perked up on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low, calming market fears that higher inflation... [Read More]
The safe-haven U.S. dollar languished near three-year lows versus riskier currencies on Thursday as continued dovish signals from the Federal Reserve stoked reflation bets. [Read More]
Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve... [Read More]
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Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read... [Read More]
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Improved child care could boost US employment: Fed's Powell... [Read More]
Improved child care could boost US employment: Fed's Powell... [Read More]
Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in technology-related stocks eased and a rotation into... [Read More]
Fed's Powell says may take over 3 years to hit inflation aim... [Read More]
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Pandemic-related expenses still pose a risk to governments, but tax revenues have largely outperformed, the Fed chair said Wednesday. [Read More]
The economy isn't yet ready to "take off" and most Americans still need fiscal support, the Senate Banking Committee Chairman said. [Read More]
Federal Reserve Chair Jerome Powell on Wednesday said some form of congressional authorization may be needed for the central bank to proceed with any development... [Read More]
Federal Reserve Chair Powell urged lawmakers not to worry about inflation unless prices were to rise in a troubling way. [Read More]
Although Federal Reserve Chair Jerome Powell is a Republican and was appointed by former President Donald Trump,... [Read More]
  Fed's Powell: Recovery Has a Long Way to Go, Inflation Unlikely Although Federal Reserve Chair Jerome Powell is a... [Read More]
Former Council of Economic Advisers Chairman Austan Goolsbee discusses economic recovery during pandemic. [Read More]
Federal Reserve Chair Jerome Powell underscored the US economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its... [Read More]
WASHINGTON—Federal Reserve Chair Jerome Powell said on Feb. 23 the ongoing vaccinations could help speed the return to normal activities later this year but also... [Read More]
New stimulus and economic reopening could lift inflation, but the effect will likely be small and temporary, Powell said. [Read More]
The recent jump in bond yields suggests investors are also betting on a "robust and ultimately complete recovery," Powell told senators on Tuesday. [Read More]
Federal Reserve Chair Jerome Powell's comments were in contrast to the increasing optimism among many analysts that the economy will grow rapidly later this year.... [Read More]
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