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Fed's final message before November election: moderation

Sep 17, 2020
That's a message that might be reassuring, depending on how the pandemic has treated you, or your business.
Fed Chair Jerome Powell testifies during a hearing on Capitol Hill in June. The Fed has improved their outlook, one analyst said.
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Federal Reserve sees rates near zero at least through 2023

Sep 16, 2020
The moves are occurring against the backdrop of an improving yet still weak economy.
Fed Chairman Jerome Powell is reflected in the sneeze guard set up between himself and members of the House Committee during a hearing in June.
Bill O'Leary/AFP via Getty Images

Economic recovery "may take some time to gain momentum," Fed Chair says

It may take until the end of 2021 for the economy to recover, Jerome Powell said Sunday.
Fed Chair Jerome Powell says there's "really no limit" to what the central bank can do with lending programs.
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Powell warns of a possible sustained recession from pandemic

May 13, 2020
Powell cautioned that numerous bankruptcies among small businesses and extended unemployment for many people remain a serious risk.
Powell urged Congress and the White House to act further to prevent long-lasting economic damage.
Federal Reserve via Getty Images

How the Federal Reserve's "discount window" works

Mar 16, 2020
The Fed's cut to its short-term, emergency loan rate is meant to keep credit flowing to households and businesses.
The Fed also announced a cut in the discount rate in an attempt to stimulate the economy during the downturn caused by COVID-19.
Mark Makela/Getty Images

Wall Street awaits Fed Chair Powell’s Friday speech for signs of further rate cuts

Aug 22, 2019
The Fed’s annual Economic Policy Symposium is like the Academy Awards for a certain type of economist.
WASHINGTON, DC - JANUARY 30:   Federal Reserve Board Chairman Jerome Powell pauses during a news conference after a Federal Open Market Committee meeting January 30, 2019 in Washington, DC. The Fed has decided to leave interest rates unchanged. (Photo by Alex Wong/Getty Images)

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The first rate cut in over 10 years: what a difference a decade makes

Jul 31, 2019
A global economic meltdown caused the last rate cuts. Today, the economy is far from that point.
Newspapers at a newsstand on Sept. 16, 2008, in New York City, at the height of the Great Recession.
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What questions do you have about the Federal Reserve?

Jul 24, 2019
With the Fed expected to cut interest rates next week, let us know what you want us to answer about the central bank.
Jerome Powell during his confirmation hearing for Fed Chair in late 2017.
SAUL LOEB/AFP/Getty Images