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Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
Read full article: Powell's tenure as Fed chair marked by fight for independence while trying to tame inflationWhen Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.
Trump says he will 'demand' that interest rates come down, but it won't be that simple
Read full article: Trump says he will 'demand' that interest rates come down, but it won't be that simplePresident Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Read full article: Inflation pressures lingering from pandemic are keeping Fed rate cuts on pauseHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation.
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Fear of coronavirus will no longer be acceptable reason for Texans on unemployment to turn down job offers
Read full article: Fear of coronavirus will no longer be acceptable reason for Texans on unemployment to turn down job offersThe state's unemployment agency is ending that exemption June 26, when out-of-work Texans will also stop receiving an extra $300 in federal jobless benefits.