The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
Powell also expects inflation to continue moving up ... because some market participants are expecting inflation to fall faster than the Fed does. “If we do see inflation coming down much ...
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’ ...
Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working ...
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a ...
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this ...
Jay Powell laid out the stakes for the US economy three months ago as the Federal Reserve advanced towards its first interest rate cut since the pandemic. “It’s a consequential decision,” the Fed ...
Economists also believe the Fed likely isn’t startled about the unemployment rate just yet. The current unemployment rate of ...
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...
Britain’s high streets received a boost last month after warmer weather and end-of-season sales drew in more customers.