Federal Reserve Chair Jerome Powell, testifying before the House Financial Services Committee, reaffirms the central bank’s commitment to policy decisions independent of…
As the Federal Open Market Committee (FOMC) convenes its first meeting of 2025, Federal Reserve officials are grappling with significant fiscal policy…
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a…
President-elect Donald Trump has announced that he will not seek to replace Federal Reserve Chair Jerome Powell, despite their past public disagreements.…
In a surprising turn of events, the Federal Reserve’s recent rate cuts have failed to provide relief to millions of American homeowners…
The Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation…
The Federal Reserve is poised to announce its first interest rate cut in more than four years, signaling a significant shift in…
Federal Reserve Chair Jerome Powell has confirmed that the central bank is prepared to begin cutting interest rates, signaling a significant shift…
Federal Reserve Chair Jerome Powell emphasized today that high inflation is not the only threat to the U.S. economy, highlighting the complexity…
The World Bank has upgraded its outlook for the global economy, citing the “impressive” performance of the U.S. economy as a key…