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Federal Reserve officials backed Chair Jerome Powell’s “wait-and-see” message on Friday, signaling they won’t rush to respond ...
The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and ...
The central bank doesn't set mortgage rates outright, but its policy decisions affect the housing market's longer-term ...
“But they haven’t materialized yet.” Despite the heightened risks for the economy, Powell said the Fed’s current interest rate policy is in a “good place” while it awaits further ...
Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago.
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...