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The Federal Reserve’s nearly-unanimous decision Wednesday to reduce its key interest rate was seen by many observers as a ...
The Federal Reserve has finally caved. After months of pressure, jawboning, and market speculation, the central bank slashed ...
The Federal Reserve on Wednesday announced a 0.25% rate cut in the wake of U.S. President Donald Trump's demands to do so ...
The Federal Reserve reduced interest rates by 0.25 percentage point Wednesday for the first time since December, while ...
The Federal Reserve cut its key interest rate by a quarter-point and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside — a challenging ...
The Chosun Ilbo on MSN
Federal Reserve cuts rates 0.25% after nine months
The Federal Reserve, which had resisted President Trump’s persistent pressure to cut interest rates, lowered the benchmark ...
Kevin Burgett, an economist at LH Meyer/Monetary Policy Analytics, predicted the Fed will cut rates by another quarter-percentage point in October. A rate cut in October "is the path of least ...
Federal Reserve Chairman Jerome Powell is hosting a press conference at 2:30 p.m. on Wednesday, during which he is expected to publicly address the first interest rate cuts of the year.
The economy appears to be slowing but remains resilient. That's why the Fed is likely to move gradually. The risk is the ...
The long-held dual mandate of the Federal Reserve to maintain stable prices and maximize employment is under increasing scrutiny in the nation’s capital as GOP pressure on the central bank intensifies ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
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