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Friday, December 2, 2022
Federal Reserve Chairman Jerome Powell said Wednesday that he has in the past met with homeless Americans and that doing so reminds him of those he works for as a government official.Powell said he has not yet met with members of the homeless encampment near the Fed's building in Washington. He added that he intends to do so in the future."I will v...
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC.Olivier Douliery | AFP | Getty ImagesThe Federal Reserve said Wednesday it will keep its benchmark interest rate near zero to continue to support the economic recovery from the coronavirus pandemic.It's been over a year since the central bank slashed its benchmark ove...
President Biden delivers remarks on the COVID-19 response and the state of vaccinations at the South Court Auditorium of Eisenhower Executive Office Building on April 21, 2021 in Washington.Alex Wong | Getty ImagesAs home prices soar, some sellers in red-hot markets may face a costly surprise come tax time.President Joe Biden will propose in a nati...
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020.Wang Ying | Xinhua News Agency | Getty ImagesLower mortgage rates are not prompting homeowners or potential homebuyers to contact their lenders, as other...