jerome powell

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to…

Here’s everything you need to know about the Fed decision coming Wednesday

This week’s Federal Reserve meeting is not much about the present but potentially very much about the future. If things…

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…

Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…

Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy

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JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the…

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…