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Powell’s speech was otherwise quite hawkish. It included the following near the top: “Changes in trade and immigration policies are affecting both demand and supply. In this environment, ...
Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...
The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.
Inflation expectations derived from the bond market were rising on Friday, suggesting simmering concerns about future price ...
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs and inflation, tempering expectations for a rate cut in September.