(Reuters) – The rise in coronavirus cases in the United States is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, vowing that the United States central bank “will do what we can, and for as long as necessary. ” “To limit damage and …
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(Reuters) – The rise in coronavirus cases in the United States is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, vowing that the United States central bank “will do what we can, and for as long as necessary. ” “To limit damage and …
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The Federal Open Market Committee (FOMC) announced Wednesday that it has left the benchmark interest rate, the target range for federal funds, unchanged at 0% -0.25% as widely expected. In its policy statement, the Federal Reserve reiterated that it is committed to using its full range of tools to support …
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(Reuters) – The rise in US coronavirus cases and restrictions aimed at containing it have begun to weigh on the economic recovery, the head of the Federal Reserve said on Wednesday, signaling an apparent setback by consumers and a slowdown in the rehire of laid off workers, particularly for small …
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Jerome Powell, chairman of the Federal Reserve System, will deliver his remarks on the monetary policy outlook at a press conference after the Board of Governors meeting. Powell’s speech will begin at 18:30 GMT. Follow all Fed updates, reviews, technical levels to see and more in Fed Live coverage Related …
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