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Fed Chair Powell adds that the Fed wants to keep policy restrictive “for now.” Powell is giving testimony to the House Financial Services Committee. Published first on TheFly – the ultimate ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day ...

says the same thing,” he added. As a result, the Fed wants to keep rates “restrictive for now,” Powell added. At its current level, the Fed’s key rate is restricting borrowing and spending ...

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering ...

The municipalities now have more rights to do this. The German Road Safety Council (DVR) welcomes the pedestrian strategy as a "clear signal for the systematic and long-term promotion of ...

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Unemployment would tick up. Former Fed economist Claudia Sahm also used to help write the Tealbook. She’s now Chief Economist at New Century Advisors. She said all of these scenarios are ...

Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, but he still sees interest rates moving lower over the "next 12-18 months." ...

Fed economists devise economic models to forecast how the economy could perform under different scenarios and must now make sense of a drastically different economic landscape under Trump.

The Federal Reserve now is expected to cut rates by less than 30 basis points this year, down from an expectation for more than 130 basis points in cuts. (Bloomberg, TD Securities) Hot inflation ...