Page 8 - Jerome Powell
Powell says Fed will not commit to any decision on dividend restrictions
"We have not decided what to do there yet and we're actually looking into that right now," Powell said during a hearing before the Senate Banking Committee
 "Powell says Fed will not commit to any decision on dividend restrictions")
Wall Street opens lower ahead of Fed Chairman Jerome Powell's speech
Wall Street's main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony before Congress
 "Wall Street opens lower ahead of Fed Chairman Jerome Powell's speech")
Fed's Powell calls for broad national drive to full employment
The United States remains about 9 million jobs short of where it was a year ago
 "Fed's Powell calls for broad national drive to full employment")
Wall St turns sharply lower after hitting record highs ahead of Fed talk
(Reuters) - Wall Street's main indexes turned negative in volatile trading on Wednesday after the S&P 500 and the Dow hit record highs at the open on hopes of faster economic growth.
 "Wall St turns sharply lower after hitting record highs ahead of Fed talk")
Why dividing central bankers into hawks and doves misses the big picture
Reducing central bankers to caricatures risks missing the big picture. These days, policy makers have to be more nimble
 "Why dividing central bankers into hawks and doves misses the big picture")
'Not the time' to discuss any change to bond purchases, says Fed's Powell
With the US economy still far from its inflation and employment goals it is too early for the Federal Reserve to discuss changing its monthly bond purchases, Fed Chair Jerome Powell said
 "'Not the time' to discuss any change to bond purchases, says Fed's Powell")
'Not the time' to discuss any change to bond purchases: Fed's Powell
Powell promised that would be the case with the current purchases as well.
Fed and Treasury urge Congress to approve more Covid-19 relief funds
In his most direct comments so far, Powell told the House Financial Services Committee on Wednesday that it''s "very important" for Congress to provide economic support
 "Fed and Treasury urge Congress to approve more Covid-19 relief funds")
Covid-19 resurgence poses challenges to economic recovery: Fed chief Powell
US Federal Reserve Chairman Jerome Powell said that the continuing Covid-19 resurgence across the country could pose challenges to the economic recovery in the next few months
Fed policymakers may give new bond-buying guidance 'fairly soon'
Most participants said the committee should move toward issuing forward guidance that links the pace and makeup of purchases to certain economic outcomes
 "Fed policymakers may give new bond-buying guidance 'fairly soon'")
Mnuchin's Fed funding clawback will not 'hamstring' new administration
Mnuchin told Fed Chair Powell in a letter that the $455 bn allocated to Treasury under the CARES Act last spring should be available for Congress to reallocate
 "Mnuchin's Fed funding clawback will not 'hamstring' new administration")
Economy still needs fiscal, monetary support: Federal Reserve's Powell
The Fed is committed to "using all of our tools to support the recovery for as long as it takes until the job is well and truly done," Powell said
Don't count too much on Covid-19 vaccine, warn Powell and Lagarde
On Monday, the pharmaceutical company Pfizer announced encouraging results from its vaccine trials, nudging stock markets toward new heights
 "Don't count too much on Covid-19 vaccine, warn Powell and Lagarde")
World's central banks are now begging govts to power economic rebound
Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession
 "World's central banks are now begging govts to power economic rebound")
Amid US election uncertainty, the Fed is likely to lay low this week
The Federal Reserve is scheduled to release its latest policy statement after two days of debate in which policymakers lacked a critical piece of information: who will run the US for next four years
Fed's Powell: Important for US to get digital currency right than be first
Powell said it is vital the Fed assess what impact a CBDC might have on a range of critical issues
US economy highly uncertain despite marked improvement: Fed's Powell
Mnuchin, in prepared remarks to the Democratic-controlled committee, said he felt the economy "will see tremendous third-quarter growth"
Powell says central bank committed to using all tools to help recovery
The Federal Reserve remains committed to using all the tools at its disposal to help the US economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said
Federal Reserve weighs bank dividends as it prepares second stress test
The central bank said it will release the results of the new analysis by the end of 2020
Federal Reserve vows to keep interest rates near zero until inflation rises
The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough
 "Federal Reserve vows to keep interest rates near zero until inflation rises")
