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The Fed cut rates by half a point in September, marking the central bank’s first rate-reduction during a 2 1/2 year battle against inflation in the wake of the COVID-19 pandemic.
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
Powell, who is expected to serve out the rest of his term, indicated late last year that the Fed will likely reduce rates more slowly in 2025 amid a “new phase.”
Pinned post. Fed follows through, cutting interest rates by a quarter of a percentage point. The Federal Reserve cut interest rates for the second consecutive meeting on Thursday, this time by a ...
Garry Wills is a noted critic of Madison's argument in Federalist No. 10. In his book Explaining America, he adopts the position of Robert Dahl in arguing that Madison's framework does not necessarily enhance the protections of minorities or ensure the common good. Instead, Wills claims: "Minorities can make use of dispersed and staggered ...
The Federal Reserve held interest rates steady Wednesday amid growing speculation that the central bank would start rate cuts later this year. Fed Chair Jerome Powell is slated to give remarks ...
The Fed chose to keep interest rates steady on Wednesday, holding off on another increase despite two consecutive months of accelerating inflation. Previous… Watch live: Fed Chair Jerome Powell ...
Democratic lawmakers in particular are concerned that the Fed might weaken the economy with its determination… Watch live: Fed chairman Jerome Powell testifies before Senate panel Skip to main ...