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Showing results for tags 'federal reserve bank'.
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FED'S POWELL: I DO THINK IT'S TIME TO TAPER; NOT TIME TO RAISE RATES Powell: Fed's Inflation, Employment Goals are 'Somewhat in Tension' our models did not predict this! POWELL: THIS IS NOT A SITUATION THAT OUR "PATIENT" APPROACH OF FRAMEWORK WAS DESIGNED FOR POWELL: WE'RE STILL 5M JOBS BELOW HIGH IN 2020 POWELL:HIGH INFLATION WILL LIKELY LAST WELL INTO NEXT YEAR (what happened to transitory?) (and 6 months ago they were calling it "deflation") . POWELL: I DON'T LIVE IN A WORLD OF CERTAINTY (Just a world where Fedcard pays for all the groceries) -
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Amid an outcry about Federal Reserve officials owning and trading individual securities, an in-depth look at officials' financial disclosures found three who last year held assets of the same type the Fed itself was buying, including Chairman Jerome Powell. None of these holdings or transactions appeared to violate the Fed's code of conduct, but they raise further questions about the central bank's conflict of interest policies. https://www.cnbc.com/2021/09/17/fed-officials-owned-securities-it-was-buying-during-pandemic-raising-more-questions-about-conflicts.html
