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The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
The Federal Reserve left interest rates steady on Wednesday, though two policymakers voted in favor of a cut. Fed chief ...
The headline equity indices ended slightly lower on Thursday, snapping a two-day winning run, as markets reacted sharply to an unexpected tariff announcement from the United States and volatility from ...
S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...
Here’s a riddle for you: How do you know when President Donald Trump is lying? Answer: his lips are moving.
The president again urged Fed Chair Jerome Powell, who he criticized with the nickname “Too Late,” to lower interest rates.
Powell’s message to the markets: Given the uncertainties around Donald Trump’s tariffs and their economic impact, there’s no ...
Fed policymakers don't make rate decisions ahead of time, so Powell's response is typical. But a quirk in the Fed's calendar ...
U.S. President Donald Trump again criticised Federal Reserve Chairman Jerome Powell on Thursday, a day after the U.S. central ...
This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds rate unchanged at 4.25-4.5%.
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not raising rates. That “could be pushback to those who might want lower rates now," ...