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On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
U.S. stock indexes are drifting as Wall Street waits to hear from the Federal Reserve later in the afternoon about what it ...
President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates ...
Jerome Powell has been Trump’s No. 1 target as the president demands lower interest rates, but other policymakers are also ...
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not raising rates. That “could be pushback to those who might want lower rates now," ...
Federal Reserve Vice Chairman of Supervision Michelle Bowman and Gov. Christopher Waller voted to lower interest rates ...
On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
U.S. Treasury Secretary Scott Bessent said Thursday that he is compiling a list of potential candidates to take the helm of the Federal Reserve after Jerome Powell's term ends in May.
The Federal Reserve kept short-term interest rates at a level of 4.25 to 4.5 percent on Wednesday, but the vote saw the first ...
"My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for ...
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...