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Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor’s seat warm
By Reuters and published by Msn.com WASHINGTON – Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank on Wednesday (Feb. 29) with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the […]
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Business
Powell says Federal Reserve is more confident inflation is slowing to its target
By AP and published by Yahoo!Finance Washington – Chair Jerome Powell said on Monday (July 15) that the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point. “We’ve had three better […]
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