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The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more ...
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
US Fed kept its key interest rate on hold between 4.25-4.5% for the fifth straight meeting. TD Asset Management's Scott ...
President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes to the Federal Reserve’s leadership, is drawing more attention to the way ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Chairman Jerome Powell has said the Fed would likely have cut rates already if not for the president’s sweeping tariffs.
The pressure to cut rates is intensifying as the US jobs market and the growth story are no longer looking quite so solid.