Browsing: Jerome powell
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the central bank does not need…
Trump ally Elon Musk – the billionaire founder of Tesla and SpaceX – signaled his support for the president-elect’s controversial…
US central bankers slashed their key lending rate by a quarter of a percentage point as they seek to keep…
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump…
A “substantial majority” of Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary…
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…
The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest…
Inflation showed further signs of cooling on Friday as Wall Street starts to price in further interest rate cuts by…
The Federal Reserve slashed its key lending rate by half a percentage point — the high end of expectations on…
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it…