Why Fed Chair Powell Is More Important Than Whomever Will Become the Next President
It was the half-basis-point cut heard round the world. On Wednesday, the Federal Reserve cut interest rates for the first time in four years, and policymakers went further than central bank watchers had expected, lowering its target range for the federal funds rate to 4.75 from 5 percent.
13hon MSN
President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...
President Biden met in the Oval Office with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen in May ...
Federal Reserve Chair Jerome Powell told reporters Wednesday that the Federal Open Market Committee isn’t in a rush to lower ...
Federal Reserve Chairman Jerome Powell pointed to the "influx" of migrants coming across the U.S. border as a cause for growing unemployment.
The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non ...
The Fed eased any prevailing investor concerns that it's aggressively cutting interest rates because it believes an economic ...
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