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The S&P 500 was up modestly after Fed Chair Jerome Powell wrapped up his press conference. The market benchmark was up 0.2%. The Dow was up 288 points, or 0.7%. The Nasdaq Composite was down 0.2%.
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 ...
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 ...
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 ...
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 ...
Federal Reserve Chair Jerome Powell fields questions from reporters after the Central Bank announced its decision to leave ...
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.
U.S. stocks on Wednesday were mixed as Federal Reserve chair Jerome Powell held a press conference after the central bank ...
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower ...
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell is expected to speak later today as the Fed concludes its latest ...