Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Trump has also said he would like "at least" a say over setting the Fed's interest rate -- something that runs against the bank's dual mandate to act independently of Congress and the White House to ...
The U.S. Federal Reserve lowered its benchmark interest rate by a quarter-percentage point on Thursday, marking the second ...
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
Gold rebounded at around the 50-day Simple Moving Average (SMA) at $2,639 and aimed towards the $2,700, but buyers lacked the ...
Fed Chair Jerome Powell said officials could speed up or slow the pace of rate cuts depending on how the economy and inflation evolve. Ahead of this week's meeting, this is the Federal Reserve's ...
The policy statement issued along with the decision is expected to be little changed. Basically, the Fed thinks monetary policy is tight and wants to cut rates gradually. As has been standard practice ...
Goldman Sachs indicated a calmer stance from Fed officials regarding their dual mandate since the September employment report. Learn more here.