Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
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Federal Reserve Board Chairman Jerome Powell (L) and President-elect Donald Trump (R). AP US Federal Reserve Chair ...
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
Business Insider on MSN17h
The Federal Reserve gives Americans another interest-rate cutIt follows data showing inflation is nearing the Federal Reserve's 2% target — the consumer price index, a commonly ...
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of ...
FEDERAL Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump ...
The Federal Reserve sets US interest rates and manages monetary policy, and its chair, Jerome Powell, has declared he won't ...
The Washington Post on MSN1d
Federal Reserve cuts interest rates again amid uncertain economic outlookThe Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make ...
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