Key Points Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing. He said it was among the most important legal cases that the central bank has ever seen. Source
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This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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