The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a …
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Tag:
Jerome Powell
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Politics
Trump Declares Support for Jerome Powell, Vows Not to Replace Fed Chair
by Sonia Parkby Sonia ParkPresident-elect Donald Trump has announced that he will not seek to replace Federal Reserve Chair Jerome Powell, despite their past public disagreements. …
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National
FBI Director Christopher Wray Reportedly Resigning, Kash Patel Tapped as Successor
by Sonia Parkby Sonia ParkFBI Director Christopher Wray is reportedly stepping down from his position, according to Fox News. Wray, who was appointed by President Donald …
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BusinessNational
Federal Reserve Lowers Interest Rates Again, Signals Optimism on Inflation
by Sonia Parkby Sonia ParkThe Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation …
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National
Federal Reserve Expected to Announce First Rate Cut in Over Four Years
by Sonia Parkby Sonia ParkThe 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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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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