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What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Trump ‘OK’ with probe of Jerome Powell over ‘Palace of Versailles’ HQ revamp
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
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Job growth beats expectations as pressure mounts on Powell to cut rates
The housing industry is desperate for good news on interest rates, but it didn’t get any from Thursday's jobs report.
Stocks remain higher after Fed minutes show most policymakers see rate cuts coming this year
U.S. stocks were little changed on Wednesday afternoon after the release of the Federal Open Market Committee's meeting minutes, which showed most policymakers thought that [some reduction in interest ...
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Fed minutes likely to shine light on divide over tariffs, rates outlook
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...