Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...
Khaosod English1d
Asian Markets Forge Higher after Fed’s First Rate Cut in Over 4 Years
Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Trump Goes After the Fed for ‘Playing Politics’ With Historic Rate Cut
The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...
PBS2d
WATCH: Federal Reserve Chair Powell speaks after Fed announces interest rate cut
The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the ...
Next Week's Fed Rate-Cut Dilemma
Federal Reserve Chair Jerome Powell faces a difficult decision as the central bank prepares to cut interest rates for the ...
Khaleej Times9d
US consumer inflation eases more than expected in August
The headline rate of US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations t..
Wall Street falls sharply, closing its worst week in nearly 18 months
Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...
Carolina Coast Online17d
The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering
When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to ...
BusinessWorld23d
With Fed’s shift to job market done, policy now has to catch up
Two years later, the focus has changed again – this time to protecting the job market, as outlined in Fed Chair Jerome H. Powell’s speech on Friday at the US central bank’s annual Jackson Hole ...