Search For "jerome h powell"
Powell terms US Justice Dept action unprecedented, reaffirms Fed's policy
Updated : 4 months, 1 week ago IST
Federal Reserve Chair Jerome H. Powell confirmed that the U.S. Department of Justice has served the Federal Reserve with grand jury subpoenas, raising the specter of a potential criminal indictment connected to his testimony before the Senate Banking Committee last June.
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Prepared to raise interest rates further if appropriate: Federal Reserve C
Updated : 2 years, 9 months ago IST
Jerome H. Powell said, “Although inflation has moved down from its peak—a welcome development—it remains too high”.
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Federal Reserve examines factors that contributed to failure of Silicon Va
Updated : 3 years ago IST
The US Federal Reserve Board on Friday announced the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Michael S Barr.
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US bails out SVB depositors, says will get all their money back
Updated : 3 years, 2 months ago IST
"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer," read the statement.
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US Fed chief says economic slump could stretch through end of 2021
Updated : 6 years ago IST
Washington D.C. [USA], May 18 (ANI): Federal Reserve Chairman Jerome H. Powell said on Sunday that the US economy will recover from the damage inflicted by the coronavirus pandemic but the process could stretch through end of next year.
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US economy to plunge by 30 pc due to Covid-19 crisis
Updated : 6 years ago IST
Washington [USA], April 30 (ANI): The US economy is going to crash by an unprecedented 30 per cent in the second quarter (April to June) as Americans have been forced to shutter down their business and stay home to stem the spread of coronavirus, the Washington Post reported citing high-l
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