Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast ...
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate ...
A rate cut is coming. But what comes after that, and how the market reacts, isn't as clear.
In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed's goals of seeking maximum employment and stable prices.
A recent decision by the central bank leaves the U.S. “well-positioned” to respond to economic developments, Powell said.
Rates are too restrictive, they need to come down,” Bessent told Maria Bartiromo in an interview on Fox Business Wednesday morning. “I’m a bit surprised that the chair hasn’t signaled that we have a ...
Investors expect that this will be the meeting at which the Fed pivots, switching from keeping interest rates high to cutting ...
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor ...
The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly ...
The Fed chair warns ‘there is no risk-free path’ after officials cut rates last week ...
During his presidency, Trump has frequently clashed with Powell, whom he appointed as Fed chair in 2018. Trump has criticized ...
The Federal Reserve's Federal Open Market Committee (FOMC) voted 11-1 in favor of the rate cut, with one dissenting member ...
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