According to him, one of the most amusing comments the Federal Reserve Chair Jerome Powell made during his last week’s post-meeting news conference was saying that the Fed had to fight low inflation because it could lead to interest rates being too low. The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. The Fed's board of governors had been set to meet this week and report on the results of its meeting on Wednesday. The Federal Reserve Board of Governors in Washington DC. “But he … Central bankers were widely expected to cut rates to … Read breaking headlines covering politics, economics, pop culture, and more. FILE - In this Jan. 30, 2019, file photo, Federal Reserve Chairman Jerome Powell waits for a question from a reporter at a news conference in Washington. Learn how the Federal Reserve affects your wallet through CNNMoney's in-depth coverage on the Fed's Beige Book, interest rate news and breaking news. Fed sees rates near zero through 2023, perhaps longer With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that … Information resource for federal and military employees and retirees, helping you get the most out of your government career and retirement. Americas. Board of Governors of the Federal Reserve System. Latest news, headlines, analysis, photos and videos on Federal Government Government Executive is the leading source for news, information and analysis about the operations of the executive branch of the federal government. Find the latest U.S. news stories, photos, and videos on NBCNews.com. The latest breaking news, ... Paul Volcker: US Federal Reserve chief and financial decision-maker. Fed lowers US interest rate for third time this year. US elections 2020 Federal court rejects Trump election lawsuit in Pennsylvania Trump’s legal team vows to appeal to supreme court after yet another defeat, as judge says claims ‘have no merit’