The United States Federal Reserve Board remains committed to supporting the economy until it completes the recovery but it is still concerned about the risks resulting from the coronavirus pandemic, according to the minutes of its most recent meeting. Members of the Federal Open Market Committee (FOMC) agreed that the …
Read More »U.S. Fed Maintains Interest Rates Unchanged
The United States Federal Reserve’s Federal Open Market Committee (FOMC) has decided on Wednesday to maintain interest rates unchanged at a record low between 0% and 0.25%. The decision comes following a two-day meeting that concluded today. The Fed has reiterated its commitment to using its full range of tools …
Read More »FOMC Chairman Jerome Powell’s speech at NABE 62nd Annual Meeting – Live Stream
Jerome Powell, Chairman of the Federal Reserve System, will be delivering his remarks at the National Association for Business Economics’ 62nd Annual Meeting on Tuesday.
Read More »FOMC Chairman Powell Says Fed Will Target Average Inflation as New Strategy
Jerome Powell, Chairman of the Federal Reserve System, said that the Fed in its new strategy will target average inflation in his prepared remarks at the virtual Jackson Hole Economic Policy Symposium.
Read More »FOMC Chairman Jerome Powell’s speech – Live Stream
Jerome Powell, Chairman of the Federal Reserve System, will be delivering his remarks at the virtual Jackson Hole Economic Policy Symposium at 1310 GMT on Thursday. Powell is expected to discuss the Fed’s monetary policy framework review at the conference titled “Navigating the Decade Ahead: Implications for Monetary Policy.”
Read More »FOMC: Economy Path Depends on COVID-19
The United States Federal Reserve announced on Wednesday that the Federal Open Market Committee (FOMC) has decided to maintain the target range for the federal funds rate at 0% to 0.25%. The Board of Governors of the Federal Reserve System voted unanimously to maintain the interest rate paid on required …
Read More »Fed Meeting Minutes Show Commitment to Facing COVID-19 Recession
Members of the US Federal Reserve Board have agreed to use all of the tools at their disposal to help push the economy out of recession, as shown by the meeting minutes of their most recent meeting, which took place on June 9-10. The US economy entered into a recession …
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