The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans caught a ...
When a frustrated Donald Trump flirted with removing Federal Reserve Chair Jerome Powell in a dispute over interest rates back in 2018, Fed leaders privately readied a break-glass-in-case-of ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central bank progressed in beating back inflation, but the Fed was still “no ...
The Fed lowered rates by a quarter of a percentage point to 4.5% to 4.75%. The decision came on the heels of the lowest rise in inflation since 2021. The Consumer Price Index (CPI) technically ...
Speaking at a press conference Thursday to discuss the Fed's move today to cut its benchmark interest rate by 0.25 percentage points, Powell added that it is not permitted under the law for ...
US Federal Reserve November Meet: The United States Federal Reserve (US Fed) chairman Jerome Powell is widely expected to announce a rate cut by a quarter of a percentage point as the two-day ...
They are editors of an upcoming series of policy briefs on the Fed’s pending framework review. Americans have felt the pain of inflation for three years. The prices of virtually all goods and ...
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make ...
The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of ...
Fed Chair Jerome Powell took questions at his post-meeting press conference, where the discussion largely centered on what President-elect Donald Trump’s return to the White House means for the ...