Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Powell says no need to rush rate cuts
Federal Reserve chairman Jerome Powell said the strong US economy has given central bankers room to lower interest rates at a ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Powell's Hawkish Remarks Shake Markets: Stocks Fall, Dollar Rockets, Bitcoin Dips
Federal Reserve Chair Jerome Powell's unexpectedly hawkish remarks on Thursday sent markets into a tailspin. Major U.S.