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Jerome Powell

Jerome Powell

Jerome Hayden "Jay" Powell is the 16th and current Chair of the Federal Reserve, serving in that office since February 2018. He was nominated to the Fed Chair position by President Donald Trump, and confirmed by the United States Senate.

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Lack of fiscal support poses downside risk to US economy: Fed chief
International

Lack of fiscal support poses downside risk to US economy: Fed chief

Washington, Sep 25 US Federal Reserve Chairman Jerome Powell said that the lack of further fiscal support would ...

US unemployment claims increase slightly to 870,000
International

US unemployment claims increase slightly to 870,000

Washington, Sep 25 The number of initial unemployment claims in the US increased slightly to 870,000 last week, ...

US stocks resume sell-off on weaker data, dim outlook
Business

US stocks resume sell-off on weaker data, dim outlook

New York, Sep 24 US stocks saw the return of heavy sell-off amid weakening of macroeconomic indicators and ...

US stocks rebound on Fed reassurance
International

US stocks rebound on Fed reassurance

US stocks climbed on Tuesday on policy reassurance from a top Fed official following losses in the previous three sessions.

'Path ahead for US economy continues to be highly uncertain'
International

'Path ahead for US economy continues to be highly uncertain'

Washington, Sep 22 While the US economy has picked up from its depressed level in the second quarter, ...

US Fed unlikely to offer new guidance on rates this week
Business

US Fed unlikely to offer new guidance on rates this week

Washington, Sep 16 While US Federal Reserve has adopted a new policy strategy on inflation, the central bank ...

US Fed chief says wearing masks, social-distancing measures could lead to "enormous economic gains"
International

US Fed chief says wearing masks, social-distancing measures could lead to "enormous economic gains"

US Federal Reserve Chairman Jerome Powell said on Friday that wearing masks and social-distancing measures could lead to "enormous economic gains" for the US economy.

US Fed chief says wearing marks, social-distancing measures could lead to "enormous economic gains"
International

US Fed chief says wearing marks, social-distancing measures could lead to "enormous economic gains"

US Federal Reserve Chairman Jerome Powell said on Friday that wearing masks and social-distancing measures could lead to "enormous economic gains" for the US economy.

US dollar slips amid Fed's new strategy
Business

US dollar slips amid Fed's new strategy

New York, Sep 1 The US dollar weakened in late trading on Monday as market participants continued to digest ...

US stocks rise amid economic data
Business

US stocks rise amid economic data

New York, Aug 29 US stocks finished higher on Friday as investors pored through newly-released economic data. The ...

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