Tag: Jerome Powell

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Fed Chair Indicates Unlikely Interest Rate Drop in Senate Hearing

Federal Reserve Chairman Jerome Powell made it clear during a recent Senate committee hearing that there are no immediate plans to cut borrowing costs, citing a robust job market and ongoing inflation as reasons...
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Jerome Powell and Bank CEOs Meet in Secret Meeting to Prevent Legal Disputes

Federal Reserve Chair Jerome Powell recently met with a group of big-bank CEOs in a closed-door meeting to discuss the Biden administration's capital proposal and prevent potential legal disputes. The meeting, which took place...

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Buffett Reassures Shareholders on Record Cash Holdings

Renowned investor Warren Buffett recently addressed shareholders regarding Berkshire Hathaway’s record cash holdings, seeking to reassure investors amidst concerns about the company's financial strategy....

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