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Chicago Fed President Austan Goolsbee has set a higher bar for rate moves "in any direction" until more clarity emerges ...
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.
(Reuters) -Neither tariffs, nor plunging consumer and business sentiment, nor President Donald Trump's pointed criticism have ...
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Wall Street firms lower recession predictions after U.S.-China trade deal Fed now expected to deliver gradual rate cuts starting later in the year Economists anticipate goods prices to rise due to ...
9:33 a.m. ET: The Fed is also exploring "different design features with respect to the standing repo facility," which enables banks to borrow from the Fed by temporarily exchanging their securities.
Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...