Jerome Powell Has The Most Humiliating Job In America
No Federal Reserve chair has ever been ridiculed publicly as much as Powell has. And that's despite the central bank's unprecedented efforts to save the American economy.
Jerome Powell
Federal Reserve Vows To Help Economy Weather The Pandemic Recession
The Fed leaves interest rates near zero as expected, and promises to use all of its tools to support the economy. Officials project unemployment above 9% at the end of this year.
Senators Clash Over How Soon To Reopen The Economy
Lawmakers squabbled over how quickly the economy can rebound from the coronavirus shutdown and whether the government is doing enough to support struggling families and businesses.
Fed's Powell Says Sharp Downturn Won't Last
Fed Chairman Jerome Powell warns it could be another year and a half before the U.S. recovers from the economic fallout of the pandemic. But he says this will not be another Great Depression.
Fed Chief Says More Relief Spending May Be 'Costly, But Worth It'
Jerome Powell said the economy should recover once the coronavirus is under control. But the central bank chief cautioned that without more help, many small businesses may not survive that long.
Mission Critical To Save The Economy: Fed Goes Even Bigger With Massive Loan Help
In its latest salvo, the Federal Reserve announced $2.3 trillion in new lending programs in an effort to keep businesses and local governments afloat during the coronavirus pandemic.
Fed Goes All Out To Keep Economy Alive During Coronavirus Shutdown
The Federal Reserve has moved quickly and creatively to pump money into the rapidly shrinking U.S. economy in hopes of keeping it afloat long enough to outlast the coronavirus pandemic.
Fed Cuts Interest Rates To Prop Up The Slowing Economy
The quarter-percentage-point cut will lower borrowing costs for households and businesses. The move is an effort to prolong the decade-old economic expansion in the face of rising headwinds.
More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions
The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed Chairman Jerome Powell says.
If Our Economy Is So Great, Why Did The Fed Vote To Juice It?
Last week, the Fed voted to cut interest rates despite a decade of economic growth and low unemployment. Interest rates are already super low. What's going on?