Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
WASHINGTON (news agencies) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate ...
Read moreTag: Jerome Powell
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
WASHINGTON (news agencies) — Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation. Now, it’s the ...
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Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street
NEW YORK (news agencies) — Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of ...
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Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing
WASHINGTON (news agencies) — The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome ...
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Federal Reserve highlights its political independence as presidential campaign heats up
WASHINGTON (news agencies) — The Federal Reserve is highlighting the importance of its political independence at a time when Donald ...
Read moreFed Chair Jerome Powell: US inflation is slowing again, though it isn’t yet time to cut rates
WASHINGTON (news agencies) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve ...
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Inflation data this week could help determine Fed’s timetable for rate cuts
WASHINGTON (news agencies) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve ...
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Is the US job market beginning to weaken? Friday’s employment report may provide hints
WASHINGTON (news agencies) — Tentative signs have emerged that the U.S. economy is cooling in a way that would be ...
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