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Powell: Semiannual Monetary Policy Report to the Congress
Chairman Crapo, Ranking Member Brown, and other members of the Committee, thank you for the opportunity to present the Federal Reserve's semiannual Monetary Policy Report. Our country continues to face a difficult and challenging time, as the pandemic is causing tremendous hardship here in the United States and around the world. The coronavirus outbreak is, first and foremost, a public health crisis. The most important response has come from our health-care workers. On behalf of the Federal Reserve, I want to express our sincere gratitude to these dedicated individuals who put themselves at risk, day after day, in ... (full story)
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Fed’s Powell: Significant Uncertainty Remains About The Timing And Strength Of US Econ. Recovery
— LiveSquawk (@LiveSquawk) June 16, 2020
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Fed’s Powell: Full Recovery Unlikely Until Public Is Confident Coronavirus Has Been Contained
— LiveSquawk (@LiveSquawk) June 16, 2020
- Committed To Using Its Full Range Of Tools To Support The Economy
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Fed’s Powell: To Keep Current Rates Until Economy Is On Track To Meet Its Employment And Inflation Goals
— LiveSquawk (@LiveSquawk) June 16, 2020