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The Fed’s current wait-and-see approach for monetary policy means the central bank won’t be able to take preemptive action to get ahead of a potential economic slowdown, Chair Jerome Powell said ...
The Federal Reserve is confronting two big risks because of tariffs: The potential for higher unemployment and higher inflation. Fed Chair Powell emphasized that the central bank would have to balance ...
The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and unemployment goals in a likely reference to President Donald Trump’s tariffs ...
Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade ...
Federal Reserve Chair Jerome Powell, in response to a question, said criticism by President Donald Trump — who has repeatedly called on policymakers to cut interest rates — isn't a factor in the ...
Australian shares set for a quiet opening. The S&P 500 reversed early gains. Alphabet slumped on Apple’s AI search shift.
The US Federal Reserve flagged rising risks to both inflation and employment, while newly added language pointed to export ...
Federal Reserve Chair Jerome Powell, in response to a question at his press conference Wednesday, said it's possible to imagine scenarios in which it would be appropriate for the central bank to cut ...
Federal Reserve Jerome Powell is making it clear in his post-meeting press conference that the central bank isn't rushing to cut interest rates. One reason? The extreme uncertainty facing the economy ...
Live Updates Live Coverage Updates appear automatically as they are published. Positive Earnings Surprises 10:04 am Medical ...
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...
The Fed Chair said higher tariffs may lead to inflation persistence and rising unemployment; job markets could weaken as ...