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Fed policymakers don't make rate decisions ahead of time, so Powell's response is typical. But a quirk in the Fed's calendar raises the stakes for the September meeting. As Morgan Stanley's chief US ...
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Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...
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," ...
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...
The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the U.S. Federal ...
A man wanted in a double homicide was found dead. A spokesperson for the Mississippi Department of Public Safety said a U.S.
Asian shares are mixed after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will ...
Stocks reversed gains late in the session Wednesday as the Fed's Jerome Powell said no decisions made on a September interest ...
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The Fed’s decision Wednesday leaves ...
Most U.S. stocks slipped on Wednesday after doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September. The S&P 500 edged down by 0.1 ...
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