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January's retail sales plummet amid cold weather and post-holiday spending lull, raising concerns about economic growth and ...
Get insights into the stock market reaction to President Trump's tariff threats. Stay up to date with the latest news and ...
The dismantling of the CFPB — an agency funded through the Fed in order to maintain independence from the political process — took center stage during Powell’s hearing before the Senate ...
as unflappable Federal Reserve chief Jerome Powell sat for a second day on Capitol Hill peppered with questions from lawmakers about the Fed’s independence, Elon Musk and Donald Trump — who ...
"Instead, we get a rehash of the press conference following the Fed’s decision to leave rates on hold in January," said James Knightley, chief international economist at Dutch bank ING.
The uptick in inflation comes after the Fed opted against a fourth consecutive interest rate cut at its meeting last month. Uncertainty surrounding Trump's plans for tariffs, which are taxes on ...
Fed Chair Powell adds that the Fed wants to keep policy restrictive “for now.” Powell is giving testimony to the House Financial Services Committee. Published first on TheFly – the ultimate ...
WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions. “People ...
Dollar down on the day Fed's Powell in no rush to cut rates again Tariff concerns ease, but remain key focus Feb 11 (Reuters) - The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome ...
Futures priced in 35 basis points' worth of Fed rate cuts by the year-end, little changed from before Powell's comments, which implies one 25 bps cut and only a partial chance of a second.