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Federal Reserve Chair Jerome Powell told Congress the central bank can afford to wait and see how President Donald Trump's tariffs affect the economy before deciding whether or not to cut borrowing ...
Federal Reserve officials on Wednesday collectively penciled in two quarter-point cuts to interest rates by the end of 2025, matching expectations in the market. Policymakers’ median estimate of ...
Investing.com -- Federal Reserve Bank of Minneapolis President Neel Kashkari maintains his outlook for two interest rate cuts in 2025, with the first reduction potentially coming in September ...
Federal Reserve Bank of Minneapolis President Neel Kashkari is sticking to his view that cooling inflation will allow the world's most important major central bank to cut its policy rate twice ...