Jerome Powell

Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
June 29, 2020  |  Economy

With the coronavirus still surging in the United States, Federal Reserve Chairman Jerome Powell is unsure about how the economy will fully recover, CNBC reports....

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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

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Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As Jack Ma Exits Board
Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As...
May 18, 2020  |  News

In today’s top news, Grubhub says “no deal” to Uber, but negotiations continue. Meanwhile, SoftBank posts $18 billion in losses after Jack Ma resigns, and...

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Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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Federal Reserve Facilitates $2.3T In Loans To Boost Economy
Federal Reserve Facilitates $2.3T In Loans To Boost Economy
April 09, 2020  |  Loans

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve...

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Regulators, Lawmakers Press Facebook For Answers On Libra
Regulators, Lawmakers Press Facebook For Answers On Libra
June 20, 2019  |  Cryptocurrency

News of the launch of Facebook cryptocurrency Libra has highlighted how the U.S. government will respond to the introduction of new digital currencies. The Wall...

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Fed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
Fed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
February 27, 2019  |  Partnerships / Acquisitions

The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival SunTrust. Speaking before...

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Ex-Fed Chief Yellen Sees Slowdown In Biz Spending
Ex-Fed Chief Yellen Sees Slowdown In Biz Spending
January 15, 2019  |  Business

Former Federal Reserve Chair Janet Yellen says signs are pointing to a slowdown in business spending in 2019. “All the hard data that we have...

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Fed’s Powell Credits Amazon For Low Inflation
Fed’s Powell Credits Amazon For Low Inflation
March 02, 2018  |  Amazon

When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. “It’s...

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