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Federal Reserve Chair Jerome Powell faces intensifying pressure for rate cuts from the White House and even some of his ...
White House officials have raised the heat on Powell to lower rates. Now he’s faced with two key Fed officials who have said ...
Ms. MacDonough also rejected a G.O.P. plan to push some of the costs of nutrition assistance, formerly known as SNAP, onto ...
The rate of inflation, using the Fed's preferred personal-consumption expenditures, or PCE, index, is forecast to come in at 2.3% in the 12 months ended in June. That's not far from the Fed's 2% ...
A second Federal Reserve official has indicated that the central bank should begin cutting rates as soon as next month — the ...
Federal Reserve governor Michelle Bowman says she's open to an interest rate cut at the central bank's July meeting, citing ...
The Greek chorus of Fed watchers calling for an immediate interest rate cut this summer is growing. This may include your ...
Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.
Federal Reserve Chair Jerome Powell reiterated that the central bank would maintain its wait-and-see approach, while the June Summary of Economic Projections showed a median of two quarter-point rate ...
The calm in the oil market following the U.S. airstrike on Iran's nuclear sites has dashed the forecasts of bears who ...
Federal Reserve’s Governor Chris Waller, known in Interest Rates trading to provoke volatility, appeared on an interview with CNBC saying that "The Fed is in position as early as July for cuts." ...
A 2024 study by LPL Financial found the S&P 500 typically loses 1.1 percent of its value on the first day of major ...
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