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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
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The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.