U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and ...
To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...
Fed Chair Jerome Powell repeated the word “uncertainty” when talking about the central bank’s economic outlook, using it at ...
The Fed has kept its policy rate unchanged this year after cutting it by a full percentage point in 2024. Policymakers will have more data to sift through this week, with a report on job ...
Fed officials will need to consider several options — including raising rates to bring down stubborn inflation, or cutting them to rev up the economy.
The US Federal Reserve maintained its benchmark interest rate on Wednesday but indicated that rate cuts are likely later this ...
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
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