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Amid inflation concerns, Chair Jerome Powell announced Dec. 15 the Fed would end its pandemic stimulus early and signaled interest rate hikes to follow.
Strong financial support from the government and the Federal Reserve have helped the economy bounce back from the pandemic recession, but the rebound may falter without further aid, Fed Chair ...
Federal Reserve Chairman Jerome Powell said Friday that inflation has risen enough to warrant a reduction in the central bank’s support for the recovering economy, potentially by the end of th… ...
Federal Reserve Chairman Jerome Powell began two days of congressional testimony Tuesday, facing tough questions about the need for stimulus and concerns about inflation.