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August 13, 2025

Federal Reserve

Business

Federal Reserve on track to cut rates this year with ‘no sign of recession,’ claims Powell

February 7, 2024 The North State Journal Comments Off on Federal Reserve on track to cut rates this year with ‘no sign of recession,’ claims Powell

Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal Reserve’s monetary policy at the Federal Reserve, Wednesday, Jan. 31, 2024, in Washington. (AP Photo) WASHINGTON — Chair Jerome Powell said […]

Business

GOP lawmakers accuse Fed of being lax before bank failure

April 9, 2023 The North State Journal Comments Off on GOP lawmakers accuse Fed of being lax before bank failure

Federal Reserve Board of Governors Vice Chair for Supervision Michael Barr testifies at a House Financial Services Committee hearing on recent bank failures, on Capitol Hill, Wednesday, March 29, 2023, in Washington. (AP Photo/Andrew Harnik) […]

Business

Fed’s Kashkari: Jobs report shows why more rate hikes needed

November 13, 2022 The North State Journal Comments Off on Fed’s Kashkari: Jobs report shows why more rate hikes needed

FILE – Minneapolis Federal Reserve president Neel Kashkari speaks the Yahoo Finance All Markets Summit on Thursday, Oct. 10, 2019, in New York. The solid U.S. jobs report for October underscores why the Federal Reserve […]

Business

Two Democratic senators oppose Powell as Fed chair

November 19, 2021 The North State Journal Comments Off on Two Democratic senators oppose Powell as Fed chair

FILE – Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing Thursday, Sept. 30, 2021, on Capitol Hill in Washington. Inequality can prevent the U.S. economy from reaching its potential, Federal […]

Business

Fed’s Powell: There’s no returning to pre-pandemic economy

August 19, 2021 The North State Journal Comments Off on Fed’s Powell: There’s no returning to pre-pandemic economy

Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, Thursday, July 15, 2021, on Capitol Hill in Washington, D.C. (AP […]

Business

Fed expects to keep its key rate near zero through 2023

March 17, 2021 The North State Journal Comments Off on Fed expects to keep its key rate near zero through 2023

FILE – In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. The Fed survey released Wednesday, March 3, 2021, […]

Business

Fed keeps rate near zero and sees brighter economy in 2021

December 16, 2020 The North State Journal Comments Off on Fed keeps rate near zero and sees brighter economy in 2021

Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP) WASHINGTON, D.C. — The Federal Reserve said Wednesday that […]

Business

Fed slashes rates to near zero, eases bank lending rules

March 15, 2020 The North State Journal Comments Off on Fed slashes rates to near zero, eases bank lending rules

FILE – In this Jan. 29, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington. The Federal Reserve believes that downside risks […]

news

Powell: Economy looks resilient despite risk of China virus

February 11, 2020 The North State Journal Comments Off on Powell: Economy looks resilient despite risk of China virus

FILE – In this Jan. 29, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington. The Federal Reserve believes that downside risks […]

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RSS From the North State Journal

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