Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
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Federal Reserve Bank of Chicago President Austan Goolsbee said that while fiscal policy uncertainty may lead to fewer rate cuts, he still sees some reductions over the next 18 months.
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