Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger ...
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Powell's final months: Divided Fed cuts rates while layoffs hit small businesses
Federal Reserve Chair Jerome Powell navigates his final months leading a deeply divided central bank as rate cuts continue.
Claudia Sahm, a former economist at the Federal Reserve, has issued a stark warning about the potential consequences of the Fed’s future rate cuts. Sahm, a prominent figure in the financial ...
Fed officials’ expectations for just one cut in the coming year is in stark contrast with Trump’s persistent demands for massive rate cuts. The president has said he’s close to naming the ...
The Fed heads into 2026 divided over rate cuts as mixed economic signals and a new Trump-appointed chair test policy ...
The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from ...
The Fed cut its benchmark interest rate by 25 basis points on Wednesday. The meeting featured the most dissent among officials since 2019. Here are the top takeaways from the latest Fed decision ...
Minneapolis Federal Reserve President Neel Kashkari on Monday said inflation is slowly trending down, but there is a risk the ...
U.S. Treasury Secretary Scott Bessent has the U.S. central bank not to delay Fed rate cuts even as Stephen Miran has backed ...
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