() – Last week, new Federal Reserve Governor Stephen Miran defended his lone dissent in favor of faster, deeper interest rate ...
Economists across the United States are clear on who they want running the Fed after Jay Powell steps down, but politics in ...
"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...
Fed Chair Jerome Powell, speaking in a press conference after the U.S. central bank lowered its benchmark interest rate by a ...
Several Federal Reserve officials who spoke on Wednesday said labor market worries continue to animate their belief that rate cuts still lie ahead for the central bank.
While inflation remains above the Fed's 2% target, economists expect a rate cut this September to address the weakening labor ...
The most politically charged U.S. Federal Reserve meeting in years wraps up on Wednesday with broad expectations for a ...
The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee ...
Tuesday, September 16, 2025 Market indexes closed in the red across the board this day, just ahead of a sure rate cut from ...
Only one official, the newly-sworn-in Stephen Miran, voted against the decision. He favored a larger, half-point cut.
The decision moves in a direction called for by President Donald Trump, but falls far short of the steep cuts in borrowing ...