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Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
What a difference a couple of months can make. Earlier in the year, the market fell into a panic on worries over tariffs and what that could do to inflation and the economy. At its worst, the Dow was ...
The Department of Labor reported the number of Americans remaining on unemployment benefits multiple times rose to its ...
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...
Following calls for a Congressional investigation into testimony by Jerome Powell, President Trump has called for Powell to ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...