WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the Fed’s lending programs for medium-sized businesses and state and local governments would begin operating by the end of this month. Powell said that while the Fed has received a “good deal of interest” in those programs, if not […]
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage. The Fed and Congress have taken far-reaching steps to try to counter what […]
SALT LAKE CITY (AP) — Federal Reserve Chairman Jerome Powell on Monday stressed the importance of an independent central bank “absolutely free” from politics in the wake of increasing pressure from President Donald Trump urging the central bank to lower interest rates. Powell spoke to a crowd of hundreds in […]
