Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief.
While he 'feels very good' about the economy, the Federal Reserve chair stopped short of discounting a December rate cut as ...
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
The 2024 presidential election has transformed the economic outlook and, as a result, the Federal Reserve is likely to see less need to cut interest rates than they had signaled in September, said ...
U.S. stock futures were pointing to gains early Wednesday. Political tumult in South Korea appeared to be largely contained, ...
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could ...
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.