Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
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Trump seeks reduction of US interest rates
President Donald Trump of the United States on Wednesday called for the reduction of interest rates. DAILY POST reports that ...
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US inflation data throws a curveball: Is the Fed’s rate cut plan in jeopardy?
January’s hotter-than-expected US inflation data has cast doubts on the Federal Reserve’s rate cut plans. With policymakers in no rush to ease, could rising prices keep interest rates higher for ...
US inflation just got worse, prices for groceries, gasoline heading higher
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
US inflation rises broadly, further denting rate cut prospects
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
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US consumer prices increase more than expected in January
WASHINGTON: US consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
US inflation rises more than expected in January, as Fed rate cut hopes grow dimmer
Fed Chair Jerome Powell told lawmakers on Tuesday that "inflation moderated a little further last year," adding that "recent ...
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near ...