President Trump said on Friday that he will nominate conservative TV commentator and former Trump campaign adviser Stephen Moore to the Federal Reserve Board.
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Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Feb. 26. "It may be some time before the outlook for jobs and inflation calls clearly for a change in policy," he said Wednesday.
Even the Federal Reserve has noticed ghosting, which it defines as "a situation where a worker stops coming to work without notice and then is impossible to contact."
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Shoppers walk past a Saks Fifth Avenue outlet store in Miami on Black Friday. Millennials have lower earnings, fewer assets and less wealth, a new Federal Reserve study says.
In a speech to the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell said interest rates are just below the range of estimates that would be "neutral" for the economy.
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Federal Reserve Board Chairman Jerome Powell, seen before a Senate committee hearing in July. The Fed announced another interest rate bump Wednesday on the strength of a healthy economy.
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Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter.
President Trump looks on as his nominee for Federal Reserve chairman, Jerome Powell, speaks at the White House on Nov. 2. On Thursday, Trump said he is "not thrilled" about Fed interest rate hikes.
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