Federal Reserve chair Jerome Powell on Wednesday discussed for the first time possible “paths” for interest rates this year. The upshot is that, while any move at the next meeting is off the ...
Traders work on the floor at the New York Stock Exchange on Aug. 10, 2022. (AP Photo/Seth Wenig, File) MANHATTAN (CN) — ...
Federal Reserve Chair Jerome Powell admitted Tuesday inflation was falling more slowly than expected after a key gauge exceeded analysts’ estimates. The Producer Price Index (PPI), which ...
The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested that it would hold off on rate cuts until at ...
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Oct. 19, 2023, in New York. (AP Photo/Seth Wenig, file) WASHINGTON (AP) — Federal Reserve officials will ...
The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary ...
That seemed on firm display last month when Fed Chairman Jerome Powell spoke to the media following the central bank's latest ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
A line of unsold 2024 Edge utility vehicles sit at a Ford dealership Sunday, May 19, 2024, in Denver. Policymakers' ...
"While this is the slowest growth in almost two years, it should be considered a release valve for a strong economy, allowing ...