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Federal Reserve Board made clear it isn’t moving interest rates until the impact of a major emerging economic shock is known.
Why isn’t the Fed cutting rates now, given that it cut them under far less appropriate conditions in September 2024?
FHFA director Bill Pulte says the Fed's inaction on rate cuts is worsening the housing crisis and called on Powell to step ...
Christopher Waller, who serves on the Federal Reserve’s Board of Governors, said Friday the central bank should deliver interest rate cuts as soon as July, echoing President Donald Trump’s demands for ...
Policymakers kept interest rates are their target range of 4.25% to 4.5%, as expected. However, they see higher inflation and ...
After being subject to Trump's ire, Federal Reserve Chairman Jerome Powell will announce interest rates on Wednesday.
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...