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Senate Republicans Stall Crucial Vote on Fed Nominees

President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on his five nominees for its Board of Governors.Republicans did not […]




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Fed Chair Jerome Powell Faces Reappointment Amid Tumult

As Jerome H. Powell’s term as the chair of the Federal Reserve nears its expiration, President Biden’s decision over whether to keep him in the job has grown more complicated […]




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Top Fed officials say the labor market needs more time to heal.

Top Federal Reserve officials emphasized on Monday that the labor market was far from completely healed, underlining that the central bank will need to see considerably more progress before it […]




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Janet Yellen Gets a Chance to Shape the Fed, This Time From Outside

Janet L. Yellen has dedicated most of her professional life to the Federal Reserve. She served in its highest-ranking roles, including as president of the Federal Reserve Bank of San […]




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Investors Are Focused on Treasurys. Here’s What the Fed Could Do.

Longer-term interest rates have jumped in recent weeks, a move that has been broadly interpreted as a sign that investors are betting higher growth and slightly faster inflation may be […]




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Fed Officials Debated Rate Liftoff in 2015, Offering Lessons for Today

The Federal Reserve lifted interest rates from near-zero in 2015 after years of holding them at rock bottom following the 2008 global financial crisis. Transcripts from their policy discussions, released […]




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Lael Brainard’s Steady Rise Could Culminate in Treasury Secretary Post

WASHINGTON — When the Federal Reserve voted to “tailor” post-crisis financial regulations for all but the largest banks in October 2019, Gov. Lael Brainard cast the lone “no” vote. At […]




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In Building Economic Team, Biden Faces Tug From Left and Center

WASHINGTON — If he wins the presidency, Joseph R. Biden Jr. will inherit an economy struggling to recover from its steepest plunge in decades. His economic team will need to […]