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Powell signals Federal Reserve to move slowly on interest rate cuts
Read full article: Powell signals Federal Reserve to move slowly on interest rate cutsFederal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach.
Federal Reserve shows unexpected unity, independence as it weathers Trump's attacks
Read full article: Federal Reserve shows unexpected unity, independence as it weathers Trump's attacksIn what was expected to be a contentious Federal Reserve meeting, policymakers on Wednesday instead emerged with a nearly unanimous voice to cut interest rates by a quarter-point.
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
Read full article: The Fed faces economic uncertainty and political pressure as it decides whether to cut ratesThe Federal Reserve is facing economic uncertainty and political pressure as it meets this week to decide whether to cut interest rates.
Trump takes one step back and another forward in his attempt to reshape the Fed
Read full article: Trump takes one step back and another forward in his attempt to reshape the FedPresident Donald Trumpโs goal of appointing a majority of the Federal Reserveโs board of governors faced a setback Tuesday when a court blocked his unprecedented attempt to fire Lisa Cook.
Inflation or jobs: Federal Reserve officials are divided over competing concerns
Read full article: Inflation or jobs: Federal Reserve officials are divided over competing concernsFederal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September.
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
Read full article: A top Federal Reserve official says dour jobs data backs the case for 3 rate cutsA top official at the Federal Reserve is saying that this monthโs stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.
Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demands
Read full article: Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demandsThe Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.
Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
Read full article: Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and TrumpThe Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and President Donald Trump see the economy.
Federal Reserve's Waller says central bank should cut rates at next meeting
Read full article: Federal Reserve's Waller says central bank should cut rates at next meetingA top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stance
Read full article: Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stanceFederal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trumpโs tariffs effect the economy, defying the steady stream of criticism from the White House, which wants lower borrowing costs.
Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
Read full article: Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this yearThe Federal Reserve said all major banks passed this yearโs stress tests, showing they can withstand a hypothetical severe economic downturn.
US Fed governor opens door to half-point rate hike in March
Read full article: US Fed governor opens door to half-point rate hike in MarchFederal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bankโs next meeting in March.