Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Powell: No Hurry to Lower Interest Rates, Economy ‘Strong’
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Traders Push Rate-Cut Odds to Fourth Quarter
Markets are pushing back expectations for interest-rate cuts to the fourth quarter of the year after a hotter-than-expected inflation report. Odds of a December rate cut now stand at 40.7% versus 37% ...
BoE's Greene seeks cautious approach to rate cuts, cites inflation pressure
Bank of England rate-setter Megan Greene said on Wednesday it was right to take a cautious and gradual approach to cutting ...
Powell testimony live: Fed chair tells Senate bank is in ‘no hurry’ to cut interest rates
The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With ...