Last month, the Federal Open Market Committee (FOMC), a policymaking body at the Fed, projected two additional quarter-point ...
Some policymakers have expressed caution about lowering rates further, while President Donald Trump and his recent appointee ...
The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government ...
Powell added that tariffs are fueling inflation and the downside risks to employment appear to have arisen in recent months.
Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback