Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
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Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
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Fed's Big Cut May Have Been Closer Call Than Lone Dissent Suggests
That's a closer call than the lone formal dissent, cast by Fed Governor Michelle Bowman, suggests. As many as nine of the Fed ...
Fed chops key interest rate by a sizable half-point, turns focus to more jobs
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
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Senator Tuberville News Conference on Secret Service Funding
Alabama Republican Senator Tommy Tuberville holds a news conference to discuss federal funding for the U.S. Secret Service in ...
Lawmakers are ‘demeaning their role' by trying to influence the Fed, House finance chair says
The chair of the House Financial Services Committee said it was an ‘outrage’ that some politicians are trying to direct the ...
Gold price rises as Fed rate cut expectations grow
Gold prices rise as odds for a 50 bps Fed rate cut increase to 59%, supported by falling US Treasury yields. Traders await US ...
Fed's rate decision will rock markets this week
Actually, it's been 14 months since July 2023 when the Fed last boosted its key federal funds rate to 5.25% to 5.5%. More ...