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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.” While 2024 saw…
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.
Federal Reserve Chair Jerome Powell held a briefing Wednesday afternoon as the central bank was set to cut interest rates for a third time. The decision came as inflation picked up slightly last ...
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 ...
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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.
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