With the Fed in no "hurry" to resume cutting rates, as Powell said, a 'wait-and-see' period may also be good for financial markets. But the conflicting signals are potentially unnerving ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
The Federal Reserve paused its rate-cutting campaign, as was widely expected. Despite urging from President Trump to lower rates last week, Fed Chair Jerome Powell and company held firm on the pause.