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John Williams, President of the Federal Reserve Bank of New York, stated that the current monetary policy is in a strong position, allowing for careful monitoring of the economic impact of the war in Iran. This statement was made during an interview with Michael McKee on Bloomberg Surveillance.
During an event at Harvard University, Federal Reserve Chair <strong>Jerome Powell</strong> expressed growing concern over developments in the private credit market, highlighting its significance amid current economic conditions.
Federal Reserve Chairman Jerome Powell stated that the bank is closely monitoring rising energy prices but emphasized that its intervention capabilities are limited. This comes at a time when the market is experiencing significant fluctuations in energy prices.
The Federal Reserve Board has requested a judge to reject prosecutors' request to reconsider a previous decision that prevented calling its chairman, <strong>Jerome Powell</strong>, in a criminal investigation related to the bank's renovations. This comes amid sharp criticism from former President <strong>Donald Trump</strong> towards Powell.