Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing inflation levels which fall above Fed’s 2 per cent…
On Wednesday, Wall Street stocks experienced a slight decline following the Federal Reserve's announcement of a half-percentage-point interest rate cut. The central bank's chair, Jerome Powell, assured a "careful" approach…
Federal Reserve Governor Michelle Bowman made history on Wednesday by becoming the first Fed governor since 2005 to vote against an interest-rate decision, marking a rare moment of dissent within…
US Federal Reserve Meeting: The US Federal Reserve on Wednesday cut interest rates by 50 basis points. "In light of the progress on inflation and the balance of risks, the…
The Federal Reserve is widely expected to lower interest rates this week after holding borrowing costs at a two-decade high for more than a year. By how much, however, remains…
Chairman Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month and…
A rally in the world’s largest technology companies sent stocks to all-time highs, with Jerome Powell’s remarks to Congress not doing much to dissuade traders from betting on Federal Reserve…