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President Trump has now nominated three out of the seven governors who serve permanently on the central bank’s rate-setting ...
Despite attempts by the White House to erode the central bank's independence, Powell showed that he remains firmly in control.
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest ...
If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab headlines, White House economic ...
The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed ...
The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering ...
But in the end, the only dissent came from a Trump appointee, Stephen Miran, who was hurriedly approved by the Senate late ...
The Fed's projections show the median member expected another half percentage point of cuts in 2025. One member called for ...
According to CME FedWatch, there was a 96% chance of a quarter-point cut and a 4% chance of a half-point cut. Analysts said the only question is how deep the cut will be — and how quickly it will ...
The Federal Reserve’s expected rate cut Wednesday may be straightforward, but Chair Jerome Powell must navigate disagreements ...
Federal Reserve Governor Stephen Miran's dissent during Wednesday's FOMC meeting has drawn mixed reactions from economists and politicians alike.
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's ...