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Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...
Even though the Federal Reserve chairman said the labor market was very strong and the economy is in relatively good shape, the U.S. banking system said Wednesday it would not lower interest rates.
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...
Despite warnings from economists and business leaders about potential GDP shocks from tariffs, the economy’s resilience—bolstered by strong labor markets and consumer confidence—has contradicted ...
Most U.S. stocks slipped as doubts rose about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September ...
The better-than-expected numbers gave confidence to traders on Wall Street Wednesday but there were no dramatic gains or ...
The Senate voted along party lines last night to confirm senior Justice Department official Emil Bove to the 3rd U.S. Circuit ...
Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...
The yen edged marginally higher on Thursday following the Bank of Japan's upward revision to its inflation forecasts and ...
Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.
On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...