The Federal Reserve is poised to announce its first interest rate cut in more than four years, signaling a significant shift in …
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Jerome Powell
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Business
Federal Reserve Signals Readiness to Cut Interest Rates Amid Economic Adjustments
by Sonia Parkby Sonia ParkFederal Reserve Chair Jerome Powell has confirmed that the central bank is prepared to begin cutting interest rates, signaling a significant shift …
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Federal Reserve Chair Jerome Powell emphasized today that high inflation is not the only threat to the U.S. economy, highlighting the complexity …
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National
Fed Chair Expects Interest Rates to Hold Steady Amid High Inflation
by Sonia Parkby Sonia ParkFederal Reserve Chair Jerome Powell announces that interest rates are expected to hold steady, quashing hopes for a reduction anytime soon. Speaking …
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Business
Federal Reserve Keeps Interest Rates Unchanged Amid Inflation Concerns
by Sonia Parkby Sonia ParkAs of May, 2024, the Federal Reserve has opted to keep interest rates steady, signaling a cautious approach as officials monitor inflation …
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National
Federal Reserve Leans Towards Maintaining High Interest Rates Amid Inflation Concerns
by Sonia Parkby Sonia ParkThe Federal Reserve is signaling a stance of maintaining high interest rates for the foreseeable future, driven by concerns over persistent inflationary …
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National
Powell: Inflation Data Aligned with Expectations, No Immediate Interest Rate Cuts
by Sonia Parkby Sonia ParkFederal Reserve Chair Powell Assesses Inflation Data Federal Reserve Chairman Jerome Powell has commented on the latest inflation data, indicating that it …
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National
Federal Reserve Holds Interest Rates Steady, Plans for Future Cuts
by Sonia Parkby Sonia ParkThe Federal Reserve has announced its decision to keep interest rates unchanged for the time being but hinted at possible rate cuts …
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National
Federal Reserve Chair Powell Signals Anticipated Drop in Interest Rates This Year
by Sonia Parkby Sonia ParkIn a significant development, Federal Reserve Chair Jerome Powell has conveyed his expectations for a decline in interest rates within the current …