Tag: jerome powell

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Fed Comes to its Senses, Lowers Interest Rate

After causing almost every recession of the past several decades, the Federal Reserve is lowering interest rates before a recession takes hold. This represents an important shift in the Fed’s policy, says CEPR’s Mark Weisbrot…

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Stock futures up after Congress averts government shutdown

Wall Street index futures kicked off October on a high note after lawmakers averted a government shutdown. Investors will wait to hear from Federal Reserve Chair Jerome Powell on Monday for more on the central…

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