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In October, the Fed cut rates for the second time this year. Chair Jerome Powell said a third cut is ‘not a foregone conclusion.’ WSJ’s Nick Timiraos explained the central bank’s split outlook. Photo: ...
WASHINGTON, Nov 7 (Reuters) - The Federal Reserve should "proceed slowly" in approving further interest rate cuts as monetary policy moves closer to a neutral stance, Fed Vice Chair Philip Jefferson ...
The Federal Reserve cut interest rates by a quarter percentage point on Wednesday to 3.75-4.00% and said it would end its balance-sheet runoff on Dec 1. But the bigger news came in Chair Jerome Powell ...
CNBC's Steve Liesman reports on the latest news regarding the Federal Reserve. A colossal Buc-ee’s broke a small Colorado town FBI Scrambles Over Mysterious Stand in Trump Airspace Hurricane Melissa ...
Treasury Secretary Scott Bessent told CNBC on Wednesday that he’ll soon be giving President Donald Trump several candidates to serve as the next chair of the Federal Reserve. “Likely sometime after ...
Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate ...
A new state law led to 86 education degree programs being cut or merged at Indiana colleges. Teachers say it could worsen Indiana's teacher shortage and make rural access to education more difficult.
At the end of Indiana’s legislative session, lawmakers stuck a last-minute addition into the state budget bill that instituted enrollment quotas on degree programs at public Indiana colleges. Those ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a ...
Fed Chair Jerome Powell called the Fed's decision a "risk management cut" in case the economy suddenly slows significantly. The stock market has been banking on interest rate cuts for months now, ...
The reaction across markets to Federal Reserve interest-rate cuts is often volatility. But on Wednesday, it really seemed like investors didn’t know what to make of the messaging from the central bank ...