Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...
Khaosod English1d
Asian Markets Forge Higher after Fed’s First Rate Cut in Over 4 Years
Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Trump Goes After the Fed for ‘Playing Politics’ With Historic Rate Cut
The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...
Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
PBS1d
WATCH: Federal Reserve Chair Powell speaks after Fed announces interest rate cut
The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the ...
Next Week's Fed Rate-Cut Dilemma
Federal Reserve Chair Jerome Powell faces a difficult decision as the central bank prepares to cut interest rates for the ...
Khaleej Times8d
US consumer inflation eases more than expected in August
The headline rate of US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations t..
Wall Street falls sharply, closing its worst week in nearly 18 months
Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...