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Everyone agrees economic recovery is underway, with much debate as to its shape and how long it will take.
September 9 -
Despite a positive employment report last week, Chair Powell predicted a slow recovery with COVID-19 still not under control.
September 8 -
Charles Evans, president of the Federal Reserve Bank of Chicago, said the economy won't be back at pre-pandemic levels until near the end of 2022.
September 3 -
Although there was moderate growth of activity in the economy, continued volatility and uncertainty gives some cause for concern about the overall outlook.
September 2 -
The Fed will have to "pivot from stabilization to accommodation" during the pandemic, Fed governor says.
September 1 -
The pace of recovery will not only be fragmented, but will take a lot longer than originally thought, according to Raphael Bostic, Federal Reserve Bank of Atlanta president.
August 31 -
Federal Reserve Vice Chair Richard Clarida left open the possibility of employing Treasury yield caps at some point in the future, though he indicated it’s not likely now and reiterated the central bank’s rejection of negative interest rates.
August 31 -
There isn’t any urgency for the Federal Reserve to offer more clarity on how long it will hold interest rates near zero at the moment because investors already understand the central bank won’t be tightening for a while, Minneapolis Fed President Neel Kashkari said.
August 31 -
Federal Reserve Board Chair Jerome Powell announced the group's new policy framework, but didn't explain why it would work.
August 28 -
The Federal Reserve has already given enough guidance about the likely path of interest rates at this juncture and doesn’t need to offer more, Dallas Fed President Robert Kaplan said.
August 28