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Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in ...
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...
The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still ...
The Federal Reserve is likely to cut interest rates for the first time this year at its next meeting in September, Fed Chair ...
In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...