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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.
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 ...
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 Fed first cut rates by half a point in September and ...
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 ...
Federal Reserve Chair Jerome Powell is slated to testify Wednesday before the House Committee on financial services to discuss the federal reserve’s semi-annual budget report. The event is ...
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.
To fight inflation, Powell guided the Fed’s steep jump from near-zero interest during the COVID-19 pandemic to more than 5 percent between March 2022 and May 2023.
Watch live as the Federal Reserve chair delivers the semiannual monetary policy testimony before the Senate Banking Committee. This feed shows the scene inside the US Senate as Jerome Powell makes ...