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In this May 4, 2021 file photo is the Federal Reserve in Washington. Americans' financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, May 23, 2022 spurred by a strong job market and government support payments. (AP Photo/Patrick Semansky, File)

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For Americans, 2021 delivered healthiest finances in 8 years
By CHRISTOPHER RUGABER - AP Economics Writer
Mon,05/23/22-9:47AM , 630 Reads
WASHINGTON (AP) — Americans' financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, spurred by a strong job market and government support payments.
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point. (AP Photo/Alex Brandon)

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Powell: Fed to keep hiking rates until it controls inflation
By CHRISTOPHER RUGABER - AP Economics Writer
Tue,05/17/22-2:13PM , 461 Reads
WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort that carries the risk of causing an eventual recession.
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point. (AP Photo/Alex Brandon)

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Powell: 'Soft' economic landing may be out of Fed's control
By CHRISTOPHER RUGABER - AP Economics Writer
Thu,05/12/22-4:34PM , 501 Reads
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwar
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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point. (AP Photo/Alex Brandon)

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Senate confirms Powell for 2nd term as Fed fights inflation
By CHRISTOPHER RUGABER - AP Economics Writer
Thu,05/12/22-1:41PM , 387 Reads
WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes efforts to curb the highest inflation in four decades.
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February 25, 2026

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Greenville, 38702, MS

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