U.S. President Donald Trump accused the Federal Reserve (Fed) and its Chair Jerome Powell on Wednesday of failing “to stop the problem they created with…
Posts tagged as “Federal Reserve”
U.S. President-elect Donald Trump’s nominee for Treasury secretary said on Thursday that the dollar should continue to be the world’s reserve currency, while emphasizing the…
Major banks and business groups, including the American Bank Association, sued the U.S. Federal Reserve (Fed) on Tuesday, alleging that the U.S. central bank’s annual…
Despite a recent uptick in inflation, the U.S. Federal Reserve (Fed) is widely expected to announce a quarter-point reduction to its lending rate on Wednesday…
Inflation in the United States slowed down for the second consecutive month, offering optimism that the surge in prices seen earlier this year might be…
Inflation in the United States eased slightly in April after three elevated readings, according to official data Wednesday that is likely to offer a tentative…
The U.S. economy slowed sharply last quarter, growing at an annual rate of 1.6%, markedly weaker than analysts’ expectations of 2.4%, in a sign that…
Persistently elevated inflation will likely delay any U.S. Federal Reserve’s (Fed) interest rate cuts until later this year, its Chair Jerome Powell warned Tuesday, opening…
Ever since the U.S. Federal Reserve (Fed) signaled last fall that it was likely done raising interest rates, pretty much everyone, from Wall Street traders,…
The Federal Reserve decided to keep interest rates unchanged for the fifth time in a row on Wednesday. The Fed’s decision to keep its key…