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Stocks Shake Off Bad News to Rally for Seventh Straight Month

Bad news doesn’t seem to bother Wall Street these days.Deaths and hospitalizations related to the coronavirus are soaring, and many businesses have shelved plans to return to the office. Staffing […]




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Powell Signals Fed Could Start Removing Economic Support

Eighteen months into the pandemic, Jerome H. Powell offered the clearest sign yet that the Federal Reserve is prepared to soon withdraw one leg of the support it’s been providing […]




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Inflation Fears Rise as Prices Surge for Lumber, Cars and More

Turn on the news, scroll through Facebook, or listen to a White House briefing these days and there’s a good chance you’ll catch the Federal Reserve’s least-favorite word: Inflation. If […]




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The Financial Crisis the World Forgot

By the middle of March 2020 a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways.Trading in Treasurys — the […]




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Fed Chair Powell Offered a Patient Message. Markets Quivered Anyway.

Jerome H. Powell, the chair of the Federal Reserve, said he and his colleagues have a “high standard” for what full employment means, underscoring that the central bank is likely […]




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Powell Says Better Child Care Policies Might Lift Women in Work Force

Jerome H. Powell, the Federal Reserve chair, suggested on Wednesday that improved child care support policies from the government might help pull more women into the labor market.The Fed chief […]




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Powell Focuses on Economic Need at Key Moment in Markets and Politics

The economy is down nearly 10 million jobs since last February, prospects for a rapid recovery — while brighter — remain far from assured, and as Democrats try to move […]




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Fed Leaves Interest Rates Near Zero as Economic Recovery Slows

Federal Reserve officials left interest rates near zero on Wednesday and pledged to continue making huge bond purchases as the central bank tries to help the economy weather the continuing […]




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Fed Leaves Rates Unchanged and Commits to Ongoing Bond Purchases

WASHINGTON — Federal Reserve officials pledged to help the economy through the painful pandemic era, making clear at their final meeting of the year that the central bank would continue […]