US Federal Reserve Chair Jerome Powell (AP Photo) The US Federal Reserve, led by chair Jerome Powell, kept benchmark rate unchanged in 4.25-4.5% target range at the FOMCmeet on Wednesday.…
Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including…
US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome Powell and concerns over semiconductor company Nvidia. The…
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President Donald Trump’s economic policies' effect on the economy,…
For weeks, the US economic picture has been darkening. If Wednesday was an opportunity for Federal Reserve chief Jerome Powell to raise the alarm, he took a hard pass. Speaking…
The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept the benchmark rate unchanged in the 4.25-4.5% range…
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…