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Federal Reserve Board Chairman Jerome Powell said he will hold a press conference after every Federal Open Market Committee meeting, beginning in January.
June 13 -
Federal Reserve Chairman Jerome Powell said central banks shouldn’t take their independence for granted at a time when trust in public institutions is at “historic lows,” requiring extra effort to explain both their monetary and regulatory policies.
May 25 -
Federal Reserve Chairman Jerome Powell said financial markets have gotten the message on the U.S. central bank’s plan for gradual interest-rate increases and “should not be surprised” by its actions.
May 8 -
Federal Reserve officials are sounding increasingly confident they can run the U.S. economy hot without a harmful rise of inflation.
April 25 -
In his first press conference as chair following a Federal Open Market Committee Jerome Powell stressed that “one decision” was made at the meeting: raising rates 25 basis points to a 1.5% to 1.75% target range.
March 21 -
The Federal Open Market Committee raised the federal funds rate target to a 1.50% to 1.75% range, as expected, while the Summary of Economic Projections still calls for three hikes this year.
March 21 -
The municipal bond market will focus more on the Summary of Economic Projections and the press conference, with a rate hike assumed.
March 19 -
Federal Reserve Board Chair Jerome Powell seemed to counteract his earlier statement, which suggested the chance for four rate hikes in 2018.
March 1 -
Federal Reserve Board Chairman Jerome Powell refused to comment on his views on the number of times the Federal Open Market Committee will raise rates this year, although he admitted his “outlook has strengthened since December.”
February 27 -
Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldn’t weigh on the U.S. economy.
February 27