Find out what the Federal Reserve's rate cuts mean for your finances.
Fed officials still see two rate cuts this year, the same amount projected in March, amid uncertainty of how the Trump administration’s policies, from tariffs to immigration to tax policy, will impact ...
(Reuters) -President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is unlikely to affect the U.S. central bank's path toward cutting interest rates next month, but it creates new ...
On Friday, the national average fell 11 basis points to 6.48%—an 18-point drop across just three days. That marks the lowest ...
(Reuters) -The Federal Reserve's path to interest rate cuts starting in September appeared to widen on Thursday, after a pair of government reports pointed to cooler inflation and signs of potential ...
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
Powell said that officials continued discussions about the five-year review of the Fed’s monetary policy framework at the July meeting. The conversations focused on “potential revisions to our ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Miran on track to join Fed before key meeting ...
US stock market today remains on track for a winning week as major indexes showed mixed moves Friday. Nasdaq and S&P 500 hit fresh record highs, supported by optimism around AI stocks and expectations ...
President Trump’s top White House economist is on track to join the Federal Reserve board of governors in time to attend a key meeting on interest rates next week. Senate Majority Leader John Thune (R ...
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