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"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...
In what was expected to be a contentious Federal Reserve meeting, policymakers on Wednesday instead emerged with a nearly ...
Jamie Dimon made a surprise visit to the US Capitol on Wednesday, where he discussed economic growth and the Federal Reserve ...
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected more cuts twice this year as concern ...
Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. Ruben ...
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Federal Reserve lowers interest rates by 0.25 percentage points in first cut since December
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
Stephen Miran, the Federal Reserve governor who was the sole dissenter at this week’s interest rate vote, said he backed a half-point cut as there was “no material inflation from tariffs” and the ...
Fed's Neel Kashkari questions how many more rate cuts are needed for a neutral policy stance, with new neutral rate estimates ...
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...
The Federal Open Market Committee (FOMC) lowered the federal funds rate to 4.00%-4.25% amid elevated economic uncertainty.
The petition comes one day after Cook joined Fed Chair Jerome Powell in an 11-1 vote for a quarter-point cut to the federal ...
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