Four Southern states rank in the top five nationally for their dependence on federal dollars, according to a new report. And a very northern state, Alaska, is the most “federally dependent ...
Wondering what’s in store for interest rates? Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by ...
Federal Reserve Chair Jerome Powell said Friday that the central bank can remain patient in adjusting its benchmark interest rate, citing uncertainty around the potential impact of President Trump ...
Federal Reserve Chair Jerome Powell hinted the central bank is unlikely to deliver President Trump his much-desired interest rate cuts anytime soon – citing uncertainty around the president’s ...
America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. “Despite elevated levels of ...
NEW YORK (AP) — The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s ...
The labor market is solid, and inflation has moved closer to our 2 percent longer-run goal. At the Federal Reserve, we are intently focused on the dual-mandate goals given to us by Congress: maximum ...
President Donald Trump’s blitzkrieg against federal employees has generated shock, fear, anger and activism among them. Now many feel overcome by an existential crisis, an all-consuming anguish ...
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September, traders bet on Tuesday as they took on board the implications ...