Jay Powell declared the central bank was “driving in the fog” as the Federal Reserve cut interest rates in the middle of a ...
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.
Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...
After moving to lower rates on Wednesday, Chair Powell took care to say the next cut might not come as soon as the market ...
Fed Chair Jerome Powell acknowledged Wednesday that the soaring stock market is helping support consumer spending — and the ...
Powell in the post press conference hinted that the uncertainty and lack of complete data could affect the decision in ...
Federal Reserve Chair Jerome Powell surprised many market-watchers on Wednesday when he declared that another interest rate ...
Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders .
Once we look past the Fed's excuses, it's likely we're witnessing the Fed give up on its two-percent target in real time.
The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair ...
The reduction in the fed funds rate, to 3.75%-4%, comes despite an economy that’s starting to feel stagflationary. Signs of ...
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