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The market is likely to monitor Powell's speech during a time of economic uncertainty amid President Donald Trump's worldwide tariffs.
WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain. The ...
The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting ...
Futures for the S&P 500 dipped 3.6% before the bell, while futures for the Dow Jones Industrial Average shed 3.4%, dropping ...
The White House insists the economy will bounce back, but the Federal Reserve is warning that U.S. consumers should brace for ...
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
Powell’s focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months.
The Federal Reserve Bank of Richmond told Virginia lawmakers Wednesday that D.C., Maryland and Virginia could see significant ...
Chicago Federal Reserve Bank CEO Austan Goolsbee discusses economic uncertainty ahead of President Donald Trump's 'Liberation Day' tariffs on 'Special Report.' ...
President Trump’s widespread firing of federal workers threatens to destabilize a Washington economy closely intertwined with the fate of government employees. More than 80 percent of the nation ...
Federal reserve's preferred inflation measure stalls in February. Trump endorses budget fix that would restore Washington, DC, shortfall and urges House to pass it Big Changes Are Coming To KFC In ...