Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...
Thousands of probationary employees in the civilian workforce are at risk of losing their jobs as President Donald Trump and ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...
The Federal Reserve doesn't need to hurry to adjust its rate further now that its policy stance is significantly less ...
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