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By some measures, the economy is headed up. But that’s coming from a deep trough, and the Fed chair is warning that there are risks ahead.
He’s expected to elaborate on his pessimistic forecast that millions of people who have lost their jobs during the pandemic may not get them back.
2019 saw a major shift in monetary policy. Does that mean the Fed has been wrong about the economy for years?
Here’s why long-term interest rates don’t always move with the Fed.
Economists think another interest rate cut is on the way.
The modest cut — to a range of 1.75% to 2% — irritates Trump, who has insisted on more aggressive action.
The Federal Reserve used to be an economic black box. Now Chair Powell holds press conferences throughout the year. How’d it get to this point?
Unemployment is low. Consumer spending is high. But we’re also in a trade war with China, and growth is slowing around the world.
A single word can indicate the central bank’s attitude toward interest rates.
The FOMC meets this week to set interest rate policy, and it faces a slowing economy with inflation falling.