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Despite repeated pressures from U.S. President Donald Trump to reduce interest rates, the Federal Reserve is unlikely to yield to his demand when the central bank unveils its May policy outcome on ...
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider ...
The economy's near-term outlook deteriorated sharply in April, according to the Conference Board's latest Leading Economic ...
More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell if you had the chance?
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since December.
Fed Chair Jerome Powell flagged the need for improved communications in remarks to a central bank strategy conference last ...
Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Jerome Powell sees economic risks rising, but not enough that ...
and that the downside risks have increased," Powell said during his press conference. In its policy statement, the central bank noted that since March, "Uncertainty about the economic outlook has ...
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
further clouding the U.S. economic outlook as its policymakers grapple with the impact of President Donald Trump's tariffs. At this point, Fed Chair Jerome Powell said, it isn't clear if the economy ...
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to ...