Jerome Powell had a succinct answer when asked Thursday if he’d step down as the Federal Reserve’s chairman if Donald Trump ...
But chairman Jerome Powell hinted that a rate cut was on the horizon after the top measure for inflation showed it fell to ...
‘Trump trades’ move into overdrive as Dow, dollar and bond yields soar. What’s next for markets. Wall Street believes stocks will keep climbing on Trump victory — but here’s what could potentially ...
The Fed eventually reversed course ... The labor market has cooled and has remained solid, he said. Inflation has "eased substantially" from 7 percent to 2.1 percent, as of September.
Federal Reserve Chairman Jerome Powell announced Thursday that the central bank cut its benchmark interest rate after inflation cooled in September. After the Fed's two-day meeting ended on Thursday, ...
The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or ...
NOV 24 14:59 ET By Bryan Mena, CNN Washington (CNN) — The Federal Reserve cut interest rates by a quarter point Thursday on ...
"The potential for future trade and fiscal policies to impact the growth and inflation path means that the U.S. election ...
Though some noted after the meeting that the Fed's tone may have sounded less confident about the path of inflation, noting ...
"Economic activity has continued to expand at a solid pace," the central bank's rate-setting Federal Open Market Committee ...
The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the ...
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the ...