Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...
Powell testified for more than two hours before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...
Federal Reserve Chair Jerome Powell heads to Capitol Hill for two days of testimony this week before House and Senate committees that oversee the central bank and the financial industry. Fed chairs ...