The Federal Reserve may act sooner than planned to start dialing back low-interest rate policies
Escalating inflation has intensified pressure on the central bank
The number of weekly applications for jobless aid has fallen by more than half since January
U.S. unemployment aid fell to a new pandemic low of 444,000 last week
The recovery of America's job market hit a pause last month
The quickening pace of growth has raised fears among some analysts that inflation could rise uncomfortably quickly
Unemployment aid applications in the U.S. fell to 547,000 last week
Speaking to the IMF, Powell said vaccinations and rapid rehiring signal the U.S. will fully reopen soon
In meeting minutes, the Federal Reserve gave no sign of ending bond purchases
There are risks and benefits to digital currencies, the Fed chair said