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Business Mag Search: Economy - Finance > United States Economy
Stocks Rise as Fed Chair Says Light at the End of the Tunnel Remains Distant
11 days ago - By NY Times
Jerome Powell's Senate testimony allayed worries that positive economic signs would lead the Fed to cut back on its stimulus policies.
Read more ...Powell Focuses on Need at Delicate Moment in Markets and Politics
11 days ago - By NY Times
The Federal Reserve will continue to support the economy, its chair, Jerome H. Powell, pledged, even as concerns about inflation rise.
Read more ...Fed's Powell: Economic recovery incomplete
11 days ago - By Finance Commerce
Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
Read more ...Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation
11 days ago - By Business Insider
Summary List Placement
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation.
Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said.
Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up crypto profits.
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US equities erased major losses and swung higher on Tuesday after commentary from Federal Reserve Chair Jerome Powell eased concerns of...
Read more ...Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation
11 days ago - By Business Insider
Traders work, as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement, on the floor of the New York Stock Exchange in New York, U.S., October 30, 2019.
Brendan McDermid/Reuters
US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation. Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, Powell said. Bitcoin tanked below $49,000 after trading as high as $55,053.91 Monday afternoon as investors snapped up...
Read more ...Fed's Powell hopeful US economy can return to 'more normal conditions' later in 2021
11 days ago - By Business Insider
Summary List Placement Encouraging trends are lifting hopes that the US can make strides toward pre-pandemic normalcy later this year, Federal Reserve Chair Jerome Powell said Tuesday.
Data suggests the US is clearing the deadliest wave of the pandemic yet. Daily case counts are the lowest since October and hospitalizations have more than halved from their early January highs. The country's rate of vaccination, while down from its peak, remains well above the Biden administration's 1-million-doses-per-day target.
The falling cases and vaccine distribution "offer hope for a return to more...
Read more ...Fed Chair Jerome Powell Warns Of Long Road Ahead To Recover Millions Of Lost Jobs
11 days ago - By NPR
Powell warned it will take time to put millions of jobless Americans back to work, while also downplaying inflation threats. (Image credit: Jim Lo Scalzo/POOL/AFP via Getty Images)
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