Jerome Powell
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January 15, 2021, Friday
'Not the time' to discuss any change to bond purchases, says Fed's Powell
With the US economy still far from its inflation and employment goals it is too early for the Federal Reserve to discuss changing ...
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January 15, 2021, Friday
'Not the time' to discuss any change to bond purchases: Fed's Powell
Powell promised that would be the case with the current purchases as well.
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December 03, 2020, Thursday
Fed and Treasury urge Congress to approve more Covid-19 relief funds
In his most direct comments so far, Powell told the House Financial Services Committee on Wednesday that it''s "very important" ...
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December 01, 2020, Tuesday
Covid-19 resurgence poses challenges to economic recovery: Fed chief Powell
US Federal Reserve Chairman Jerome Powell said that the continuing Covid-19 resurgence across the country could pose challenges ...
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November 26, 2020, Thursday
Fed policymakers may give new bond-buying guidance 'fairly soon'
Most participants said the committee should move toward issuing forward guidance that links the pace and makeup of purchases to ...
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November 21, 2020, Saturday
Mnuchin's Fed funding clawback will not 'hamstring' new administration
Mnuchin told Fed Chair Powell in a letter that the $455 bn allocated to Treasury under the CARES Act last spring should be ...
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November 18, 2020, Wednesday
Economy still needs fiscal, monetary support: Federal Reserve's Powell
The Fed is committed to "using all of our tools to support the recovery for as long as it takes until the job is well and truly ...
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November 14, 2020, Saturday
Don't count too much on Covid-19 vaccine, warn Powell and Lagarde
On Monday, the pharmaceutical company Pfizer announced encouraging results from its vaccine trials, nudging stock markets toward ...
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November 12, 2020, Thursday
World's central banks are now begging govts to power economic rebound
Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then ...
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November 05, 2020, Thursday
Amid US election uncertainty, the Fed is likely to lay low this week
The Federal Reserve is scheduled to release its latest policy statement after two days of debate in which policymakers lacked a ...