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The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
As President Trump pressures for lower interest rates, the search for a new Federal Reserve Chair, led by Scott Bessent, has ...
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
The Federal Reserve will announce its interest rate decision next week, and while Trump seems to expect a rate cut, the ...