Senators respond with concerns over the independence of the central bank. Federal Reserve Chair Jerome Powell announced that the U.S. Department of Justice (DOJ) served the central bank…
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Federal Reserve Votes to Lower Interest Rates Again
Chairman says, “I really want to turn this job over to whoever replaces me with the economy in really good shape.” The Federal Reserve Board met this week…
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Commerce Department Releases 2020 Economic Report
Gross Domestic Product declined 3.5% in 2020 due to pandemic, social and political unrest. On Thursday, the Bureau of Economic Analysis within the Commerce Department released its summary…
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Federal Reserve Taking Aggressive Measures
Actions go beyond 2008 financial crisis. A broad slate of programs to make sure credit flows to businesses and consumers crippled by coronavirus safety measures has been announced…
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