Tag: Federal Reserve System

Powell’s high-stakes bet: More jobs but only mild inflation

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WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble. ...

Merchants sue Federal Reserve over fees for debit cards

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NEW YORK — Two trade groups representing businesses in North Dakota filed a lawsuit Thursday against the Federal Reserve, asking the agency to lower...

Text of the Federal Reserve’s statement after its meeting

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WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended: ...

This Week: Consumer confidence, Fed meeting, Amazon earns

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A look at some of the key business events and economic indicators upcoming this week: ...

Even as economy heats up, Fed to stick with near-zero rates

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WASHINGTON — Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up...

Powell defends Fed’s consideration of climate change risks

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WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...

Fed leaders agree: Economics has a racial-disparity problem

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WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which...

Fed’s Powell: US nears full reopening to ‘different economy’

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WASHINGTON — The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome...

Powell likens emergency Covid efforts to efforts at Dunkirk

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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

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WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...