The Federal Reserve announced on Wednesday, Sept. 17, it will cut federal interest rates by a quarter percentage point to 4 to 4.25 percent, the first cut in nine months. Jerome Powell, chair of the Federal Reserve, said at a …
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Jerome Powell
As expected, the Fed held interest rates steady on Wednesday, the fourth time this year it has decided not to cut rates. Federal Reserve Board Chair Jerome Powell said that the central bank is waiting to determine the impact of …
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Federal Interest Rates to Remain Near Zero as Pandemic Continues
by Tyler Haleby Tyler HaleFederal interest rates will remain near zero, the Federal Reserve announced on Thursday. The Federal Reserve will maintain its current course, keeping the federal funds rate at 0 to 0.25 percent. Following a the Fed’s policymaking committee, the Federal Open …
