In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
The Federal Reserve has approved its second consecutive interest rate cut, but Chair Jerome Powell's uncertain comments about future reductions have rattled markets. With inflation still above target, what does this mean for consumers and the economy?
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
In a heated exchange over the Federal Reserve's independence, Jerome Powell rebuffs Trump's accusations of political influence, defending the Fed's data-driven decisions against a backdrop of economic challenges.
Jerome Powell announces the Fed's first interest rate cut of the year, citing weakening labor market conditions. As inflation risks remain, Powell emphasizes a careful balance in policy decisions.
The struggle for Gen Z to find jobs intensifies as Fed Chair Jerome Powell highlights a concerning labor market. With low hiring rates and economic slowdowns, young jobseekers face unique challenges, exacerbated by a broader hiring freeze.
In a bold move, Federal Reserve Chair Jerome Powell unites policymakers to implement the first interest rate cut of the year, despite political pressures and economic concerns. Will this decision stabilize the faltering labor market or exacerbate inflation?
As Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, he faces the challenge of balancing economic needs with political pressure from President Trump. Can he maintain the Fed's independence while navigating this tricky situation?
The Dow Jones Industrial Average achieved a record close, bolstered by Federal Reserve Chair Jerome Powell's hints at potential interest rate cuts. Investors are optimistic as market indicators point toward growth, with significant gains across major indices.
The Dow Jones soared to a record high after Fed Chair Jerome Powell hinted at possible interest rate cuts next month. Major tech stocks surged, with Nvidia and Tesla leading the charge, signaling optimistic investor sentiment.