Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...