Fed Chair Jerome Powell called the Fed's decision a "risk management cut" in case the economy suddenly slows significantly. The stock market has been banking on interest rate cuts for months now, ...
Federal Reserve Chairman Jerome Powell would be forgiven for thinking he was handed a third dimension to the central bank’s dual mandate of ensuring full employment with price stability.
The Federal Reserve cut rates by 25 basis points to 4.00%-4.25%, citing labor market risks despite rising inflation. The FOMC's decision marks a shift from its new ...
The Federal Reserve’s quarterly Summary of Economic Projections revealed an unusually wide range of estimates for future interest rates. But don’t ignore it.
In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House. By Tony Romm and Colby Smith Two days after the Federal Reserve ...
This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Twas the day of the Fed rate-cut decision, and all across Wall ...
The Federal Reserve on Wednesday cut interest rates for the first time in 2025 and released policymakers' quarterly forecast of economic conditions that shows the potential outlook for further rate ...
Fed delivers first 2025 rate cut, citing rising labor market risks and inflation uncertainty. Dollar weakens as equities and Bitcoin rally on liquidity-driven optimism. Divided dot-plot sparks debate ...
Federal Reserve officials on Wednesday penciled in slightly steeper interest rate cuts this year and next, but there was a wide array of responses in the so-called dot plot, signaling uncertainty ...
The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White House pressure campaign. By Colby Smith ...