Jerome Powell
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Federal Reserve Chairman: It is expected to raise interest rates again this year
On March 30, according to Republican Rep. Kevin Hern, Federal Reserve Chairman Powell was asked at a private meeting with U.S. lawmakers how much the Federal Reserve will raise int
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Powell: The issue of changing the balance sheet reduction plan has not been discussed yet
According to reports, Federal Reserve Chairman Powell made a statement saying that the Federal Reserve has not discussed changing its balance sheet reduction plan. Interpretation of this information: In recent news, Federal Reserve Chairman Jerome Powell confirmed that the Federal Reserve has not discussed any modifications to its balance sheet reduction plan. This statement comes in the midst of government concerns about the economy and potential future financial instability. The balance sheet reduction plan was implemented in 2017 and was designed to steadily decrease the Federal Reserve’s bond holdings. The…
