Tag Archives: Federal Reserve

The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said on Thursday that it is likely that last month has probably witnessed a strong surge in new job opportunities that might have exceeded a million. April’s reading of nonfarm payrolls and the unemployment rate are due to be …

The United States Federal Reserve Vice Chairman, Richard Clarida, said on Wednesday that time is yet to come for reducing the massive bond-buying or raising the historically low-interest rates. Speaking on behalf of the central bank, Clarida told reports “we will get more data, and as we move through the …

The Chairman of the United States Federal Reserve, Jerome Powell, said on Monday that the U.S. economy is improving but still on the way to fully recover from the coronavirus pandemic. “We are not out of the woods yet, but I am glad to say that we are now making …

The United States Federal Reserve on Wednesday decided to maintain its current monetary policy, with massive quantitative easing measurements to help the economy on the way to recovery from the coronavirus pandemic. Interest rates remain near 0% at a historically low level, with a large asset purchase program that includes …

The United States Federal Reserve on Wednesday decoded to maintain interest rates at a historical low range near 0%. In addition, the Federal Open Market Committee (FOMC) decided to maintain the current pace of asset purchases at $120 billion per month, in line with the quantitative easing policies. As expected, …

The Chairman of the United States Federal Reserve, Jerome Powell, recently told a Senator that inflation would be a little higher in 2021, due to the economic recovery from the coronavirus pandemic. However, Powell has vowed in his letter to Rick Scott on April 8 to limit consumer prices overshooting, …

The United States Federal Reserve Governor Christopher Waller, the newest member to join the Fed’s board, said on Friday the U.S. economy will see strong performance this year as the economy reopens and more people gets vaccinated. “I think the economy is ready to rip. Everyone is getting a lot …

The Federal Reserve Chairman Jerome Powell said on Wednesday that the Fed will most likely begin by scaling back the bond-buying before it considers raising interest rates, reiterating the planned reduction of monetary easing policies as the U.S. economy shows recovery signs. “We will reach the time at which we …

President of the Federal Reserve Bank of Dallas, Robert Kaplan, said on Wednesday that it will be a while before the United States reaches full employment. However, Kaplan said that the Fed should start reducing what he sees as extraordinary measures, “at the first opportunity once we’ve reached, and are …

The Chairman of the United States Federal Reserve, Jerome Powell, said that the U.S. economy is in a stage that he described as an inflection point, promising improved economic growth and job creation. “What we’re seeing now is really an economy that seems to be much at an inflection point. …