Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
Rep. Waters Urges Powell to Maintain Fed Independence
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Stock market today: Asian shares mostly rise as region continues watching Trump's latest tariffs
TOKYO (AP) — Asian shares mostly rose Wednesday, as regional markets continued to watch President Donald Trump’s latest ...
Powell Says Fed Isn’t Rushing to Change Rates
In testimony before the Senate Banking Committee today, Federal Reserve Chair Jerome Powell stuck to last month’s message, ...
Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
WASHINGTON (AP) — Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial ...
With 77% institutional ownership, Public Service Enterprise Group Incorporated (NYSE:PEG) is a favorite amongst the big guns
Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Therefore, a good portion of ...
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Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Three Reasons Why The Fed Should Get Rid Of The Dot Plot
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency ...
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Massachusetts Gov. Maura Healey’s top housing deputy meets with senators as shelter cash is set to run out
Gov. Maura Healey’s top housing deputy met privately with Democratic senators on Wednesday to discuss funding for the emergency shelter system, which is projected to run out of ...
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
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Fed hits pause on interest rate cuts
Central bank officials, including Fed Chair Jerome Powell, frequently stress that their decisions are data dependent, and avoid commenting on fiscal policy. Powell has said the Fed considers ...