Watch: Biden delivers remarks at the Economic Club of Washington, D.C.
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The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Bank of England presses pause on rate cuts, highlights ‘gradual approach’
LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…
Powell downplays impact of rate cut on Trump-Harris presidential race
Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential…
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets,…
