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Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Committee at 10 a.m. Wednesday for his second ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...
Colorado Rep. Brittany Pettersen (D) questioned Federal Reserve Chair Jerome Powell on interest rates and the economy. Powell ...
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