Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...
And people should have confidence in that," he said. The Fed’s decision comes nearly a week after he told the World Economic ...
CBS News on MSN12d
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
The decision was what investors and economists expected after a series of high readings of inflation and strong jobs reports.
The Fed also appeared to toughen its assessment of inflation, saying that it “remains somewhat elevated.” Both a healthier job market and more stubborn inflation typically would imply fewer ...
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) is once again ranked among the most admired companies in the ...
Faced with the threat of rising inflation, the US Federal Reserve will wait until next quarter before cutting rates again, according to a majority of economists in a Reuters poll who previously ...
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