Fed Chair Powell delivers blunt message on interest rate cuts
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
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Richmond Fed President Tom Barkin said Friday that he expects inflation will continue to drop into next year—stickier ...
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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