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Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Committee on Banking, Housing, and Urban Affairs. The remarks are part of the central bank leader's mandated semiannual testimony before Congress. In addition to a general speech on the state of monetary policy and the economy, Powell will field questions from legislators on a variety of topics.
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Systemic racism slows economic growth: Dallas Fed chief KaplanSystemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.
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US economic recovery slowed by 'uneven' health efforts: Fed president - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Fed launches long-awaited Main Street lending programThe Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, launching arguably the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus pandemic.
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The Fed begins purchases of up to $250 billion in individual corporate bonds | Markets InsiderThe Federal Reserve announced Monday it will begin purchases of individual corporate bonds. The move comes nearly three months after first unvei...
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Dow closes 150 points higher as Fed announcement sparks big comeback from massive lossesStocks rose Monday, recovering from earlier losses, as the Fed announced measures to support the market amid the Covid-19 pandemic. Here's how the major averages performed: - The Dow rose 157 points - The S&P 500 gained .83% - The Nasdaq advanced 1.4%
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Stock market live updates: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rallyStocks rebounded today after a steep sell-off. Here's what 5 experts say you should watch for next.
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