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Fed Chair Jerome Powell told House Financial Services Committee Chairwoman Maxine Waters that the Fed was looking at ways to adjust the Municipal Liquidity Facility to make some additional issuers eligible.June 30
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Federal Reserve Chair Jerome Powell stressed the importance of keeping the coronavirus contagion contained as the U.S. economy bounces back from its deepest contraction in decades.June 29
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The lawmakers argued in a letter to the Federal Reserve that suspending dividend payouts would be the "prudent course of action," allowing banks to build their capital cushions and continue lending during the coronavirus pandemic.June 24
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Federal Reserve Chair Jerome Powell told Congress the Fed will "keep its foot" on the gas pedal until the pandemic ends.June 17
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Fed chair says recovery has started but will take time and follow "uncertain" path.June 16
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The Federal Reserve put a spotlight on job losses and risks to the financial sector in its semi-annual report to Congress released Friday.June 12
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Recovery seen next year, but rates stay low.June 10
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The central bank will increase support for credit issued through the Main Street Lending Program while providing midsize firms with more flexibility on the amounts they receive.June 8
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Federal Open Market Committee members have been adamant that negative rates would be a last resort.June 2
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“We crossed a lot of red lines that had not been crossed before,” said Federal Reserve Chairman Jerome Powell.May 29
