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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.
Federal Reserve Powell Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, Dec. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Chair Jerome Powell is slated to deliver a high-profile speech in Jackson Hole, Wyo., Friday morning about how the central bank sees the economy and what its next steps may be.
Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market ...
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 ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board Building Tuesday, Wednesday, July, 31, 2024. (Jose Luis Magana/AP)
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
Federal Reserve Chair Jerome Powell offered what was perhaps a tell Wednesday on how top of mind the economic policies of President-elect Donald Trump are for monetary policy in 2025.