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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 Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...
Goolsbee, a Fed regional bank voting member this year, is encouraged by the latest data on inflation. The Fed’s preferred Personal Consumption Expenditures (PCE) Index clocked in at 4.1% in June ...
Chicago Fed President Austan Goolsbee said Monday that three rate cuts in 2024 are "in line with my thinking," and that the fundamental story about falling inflation has not changed despite hotter ...
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 ...
Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that the Fed's interest rate-cutting campaign has a ways to go before reaching a "neutral" rate and that the central bank ...
CHICAGO, Illinois (Reuters) -Federal Reserve officials appear more likely to cut rates this month after data showed the U.S. labor market remained strong but continued to cool in November, with a ...
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 ...