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The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Weaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
JPMorgan Chase faces headwinds from declining net interest income due to lower rates and increased external borrowing. Learn ...
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...
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