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Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Fed rate hikes forcing would-be home buyers out of the market 04:11. With inflation running at the hottest level in 40 years, Wall Street is bracing for the possibility of interest rates rising ...
The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in early May.
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
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