By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate.
Read More »Fed Raises Rates to Curb Inflationary Concerns
Marking the largest increase in nearly 22 years, the Federal Open Market Committee raised interest rates by 50 basis points to a range of 0.75-1.00% amidst record-high inflation. The Fed will also allow $60 billion in Treasuries and $35 billion in MBS to roll off their balance sheet each month.
Read More »A Congressional Call to Strengthen Foreclosure Protections
Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
Read More »The Week Ahead: Fed Chair Jerome Powell’s Congressional Report
Next week, Fed Chair Jerome Powell will once again appear before Congress to update the legislature on monetary policy.
Read More »The Week Ahead: Fed Chair in the Spotlight
Jerome Powell, Chairman of the Federal Reserve, will give his Semi-Annual testimony on the Fed’s performance over a period of two days. Here’s what else is in store in The Week Ahead.
Read More »The Week Ahead: The Fed Addresses Interest Rates, Inflation
On Wednesday, the Federal Open Market Committee and Fed Chair Jerome Powell will hold the Committee's next meeting and press conference. Here's what else is happening in The Week Ahead.
Read More »Powell Promises ‘Thorough’ Review of BB&T, SunTrust Merger
Fed Chair Jerome Powell briefed the House Financial Services Committee on how the Fed will approach its examination of the major recent merger. Here’s what he had to say.
Read More »Fed’s Powell Urges “Patience”
With the Fed keeping interest rates unchanged for now, here’s how a potential rate hike can affect the housing market and the economy.
Read More »The Week Ahead: Will the Fed Raise Rates?
The FOMC Meeting announcement on Tuesday will be watched closely to see if interest rates remain unchanged. Here’s what else is happening in The Week Ahead.
Read More »Fed Chair Jerome Powell, Clarifies His Stance
Click through to learn what prompted the Fed Chair to address the future of the Federal Reserve.
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