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The Fed, he said, does not need to see further cooling in the job market to achieve 2% inflation. Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards
Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a ...
Uncertainty around the economy and the Federal Reserve’s next moves has cast a shadow over Wall Street this month. Fed Chair Jerome Powell has a chance to provide more insight when he testifies ...
Brian Cheung joins Myles Udland, Brian Sozzi, and Julie Hyman to discuss what can be in store for the markets as they await Fed Chairman Jerome Powell's testimony in front of Congress this ...
The Monetary Policy Report to the Congress is a semi-annual report prepared by the Board of Governors of the Federal Reserve and presented to the Congress of the United States. The Chairman of the Board of Governors is called on to offer oral testimony about the report to the Committee on Banking, Housing, and Urban Affairs of the Senate and ...
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent 2024 keeping as much distance as it can from politics.
Richmond Fed President Thomas Barkin hinted that the Fed could forgo additional action because the economy perhaps hasn’t felt the full impact of the Fed’s previous 11 rate hikes just yet.
Former Fed chair Ben Bernanke used his speech in 2010 to present an argument that the Fed could get the economy going by purchasing bonds, a tool also known as quantitative easing (QE).