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Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
47mOpinion
24/7 Wall St. on MSNFED Economists Need To Change CareersFederal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
The Federal Reserve is likely to resume lowering interest rates in September, but it won't be an easy call for the central bankers, economists said Thursday in the wake of the June jobs report.
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.
The likelihood of a Fed rate cut drops below 5%, impacting crypto markets while Bitcoin may benefit from rising debt and inflation.
Opinion
20hon MSNOpinion
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
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