Jerome H. Powell Related Content

Fed to Keep Interest Rates Steady in 2019

Information received since the FOMC met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. The Fed has subsequently decided to maintain the target range for the federal funds rate at 2.25% to 2.5%. read more

MAY 3, 2019 - 7:00 am

Fed Approves Rule to Prevent Risk Concentration Between Large Banks

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability. read more

JUN 18, 2018 - 7:10 am

Fed Raises Interest Rates, First Rate Hike This Year

The Federal Reserve raised interest rates by a quarter-point, its first rate hike this year, in a decision that was widely anticipated by markets. read more

MAR 22, 2018 - 7:46 am