Harvard University

Fed Chair Powell sees no threat of private credit “contagion”, says interest rates are in a “good place”

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Federal Reserve Chair Jerome Powell speaks to students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa)

The chairman of the Federal Reserve, Jerome Powell, said on Monday that he sees no risk of contagion in the private credit markets at this time that could spread to the broader financial system, although the central bank is watching the situation carefully. “We’re looking for connections to the banking system, and things that might … Read more

Amid tough job market for young Americans, Fed Chair Powell tells students not to despair

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Fed Chair Jerome Powell Speaks at Harvard

Federal Reserve Chairman Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be discouraged, even though job creation remains weak and the threat of artificial intelligence remains. The chairman of the Fed, who gave comments on Monday to an undergraduate economics class at Harvard University, talked a … Read more