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Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.1%, following ...
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...
NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was ...
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...
Amid continued pressure and criticism from the Trump administration, Federal Reserve Chair Jerome Powell spoke before Congress this week, addressing the nation's economic outlook, monetary policy, and ...
A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve ...
Stock futures were relatively unchanged on Wednesday as the S&P 500 remains within striking distance of its all-time high.
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, traveled to Wisconsin to meet with businesses to hear ...
U.S. stocks hung near their all-time high as financial markets caught a breath following two big days bolstered by hopes that ...