Search results
Results from the WOW.Com Content Network
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 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 ...
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)
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 Powell Federal Reserve Chair Jerome Powell speaks to the Dallas Regional Chamber during an event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)
Federal Reserve Chairman Jerome Powell speaks during a news conference on Wednesday, Dec. 18, in Washington, D.C. Powell announced that the Federal Reserve is lowering interest rates by one ...
The Fed’s favorite inflation gauge — the Personal Consumption Expenditures price index — registered at an annual rate of 2.5% in June, down markedly from 7.1% just two years ago. Powell in ...
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.