Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the deadly virus in China. Giving the Fed’s semiannual monetary report to Congress, Powell said Tuesday ...

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Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the deadly virus in China. Giving the Fed’s semiannual monetary report to Congress, Powell said Tuesday ...

Tagged with: Fed's semiannual monetary report Federal Reserve Federal Reserve Chairman Jerome Powell Jerome Powell

The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent ...

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The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth but officials note a concern that possible spillovers from a deadly virus in China represent ...

Tagged with: Fed Federal Rates Federal Reserve Chairman Jerome Powell interest rates Jerome Powell U.S. economy

Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered this ...

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Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered this ...

Tagged with: Chairman Jerome Powell China virus Federal Reserve Federal Reserve Chairman Jerome Powell U.S.-China trade deal

In mid-2016, even with unemployment falling and the economy growing modestly, James Bullard, head of the St. Louis Federal Reserve Bank, was concerned. Months earlier, with Bullard’s support, the Fed had raised rates for the first time in seven years. ...

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In mid-2016, even with unemployment falling and the economy growing modestly, James Bullard, head of the St. Louis Federal Reserve Bank, was concerned. Months earlier, with Bullard’s support, the Fed had raised rates for the first time in seven years. ...

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Federal Reserve Chairman Jerome Powell said this week that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Downward ...

Tagged with: Fed Federal Reserve Federal Reserve Chairman Jerome Powell Powell rate cuts U.S. job growth

Federal Reserve Chairman Jerome Powell said this week that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Downward ...

Tagged with: Fed Federal Reserve Federal Reserve Chairman Jerome Powell Powell rate cuts U.S. job growth

U.S. wholesale prices ticked up just 0.2 percent in July, the latest sign that inflationary pressures are largely in check. The Labor Department said that the producer price index — which measures price changes before they reach the consumer — ...

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