Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path ...
The central bank has lowered interest rates by 0.75-point since September.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Canada's main stock index hit a record high on Thursday, helped by energy stocks, while investors parsed U.S. economic data ...
(Reuters) - U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal ...
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve ...
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald ...