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?
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.
The Federal Reserve is leaning towards further interest rate cuts amid rising unemployment concerns, but divisions remain among officials about inflation risks. Discover the implications for borrowers and the economy.
A powerful coalition of former Federal Reserve chairs and economic advisors is urging the Supreme Court to block Trump's attempt to fire Fed Governor Lisa Cook amid her legal battle. This intervention highlights the critical need for Fed independence.
Jerome Powell's upcoming speech is set to provide crucial insights following the Fed's first interest rate cut of 2025. With mixed stock futures and a looming PCE reading, investors are on edge. Will Powell's words signal more cuts ahead?
In a bold move, Trump's latest Federal Reserve pick, Stephen Miran, argues for slashing interest rates by two percentage points to safeguard jobs and stimulate the economy. Can his vision reshape monetary policy amid rising inflation concerns?
China's central bank keeps benchmark lending rates unchanged for the fourth month, reflecting a cautious approach amidst economic challenges and easing trade tensions. What does this mean for the economy?
The Federal Reserve has cut interest rates again, offering potential relief for farmers and businesses. But with mixed forecasts among committee members, uncertainty looms over future rate changes. What does this mean for the economy?
Wall Street's main indexes are on the rise with FedEx leading the charge after impressive earnings. Tech stocks also rally as optimism grows regarding monetary policy easing and trade talks between Trump and Xi.
