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The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Stocks reversed sharply on Wednesday after Jerome Powell said the Federal Reserve has made “no decisions” on a rate cut for ...
The central bank’s Federal Open Market Committee (FOMC) has held interest rates steady at 4.25% to 4.5% since December 2024, ...
From ‘modestly restrictive’ policy stance to tariff-related price push in the economy — Here are 5 key highlights from the US ...
Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff ...
Luiz Inácio Lula da Silva is hitting back at Donald Trump, even as the U.S. announces harsh new tariffs on the country.
Investors trimmed their expectations that the Fed will cut rates in September after Powell struck a cautious tone in remarks after the meeting.
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...
The overarching message that investors took from Powell's press conference after the Fed left its Fed Funds target range at 4.25-4.50% was this: The central bank is in no rush to cut rates, despite ...
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Federal Reserve held interest rates steady amidst dissent from Trump's appointees. Despite strong labor markets and ...
Trump also took aim at the Federal Reserve during his chat with the press, blaming high interest rates for locking would-be ...