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Federal Reserve Chair Jerome Powell delivers remarks in front of The Economic Club of Chicago.
Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are ...
The U.S. is probably not in a recession, but it’s looking inevitable unless there’s a dramatic shift from the White House on ...
Powell said the inflation will likely be temporary, but “could also be more persistent,” echoing a concern expressed by a majority of the Fed’s 19-member interest rate-setting committee in ...
Yet the Fed is unlikely to intervene unless there is a breakdown in the market for Treasury securities or other malfunctions, economists say. Stocks fell further after Powell’s remarks.
U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned that President Donald Trump's ...
While acknowledging inflationary risks tied to new tariffs and a weakening growth outlook, he said the Fed is in no rush to adjust interest rates at this stage. He emphasized that market ...
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