Federal Reserve Chairman Jerome Powell speaks during the Thomas Laubach Research Conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, Friday, May 19, 2023. (AP Photo/Andrew Harnik)
May 21, 2023
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May 21, 2023 midnight
Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month
Several Fed officials have suggested that the failure of Silicon Valley Bank and two others might have little impact.