The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
US Treasuries consolidated Wednesday’s losses, when Federal Reserve Chair Jerome Powell cast doubt on whether policymakers ...
Powell acknowledged “strongly different views” within the Federal Open Market Committee during October’s policy decision.
Jay Powell declared the central bank was “driving in the fog” as the Federal Reserve cut interest rates in the middle of a ...
While Powell made it clear that the primary concern for some is a cooling job market, others inside the Fed are warning ...
A policy divide within the central bank and a lack of federal government data may put another interest rate cut out of reach ...
Federal Reserve Chairman Jerome Powell said that a lack of key data due to the government shutdown will cause the central ...
Rick Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said ...
The Fed leader discussed the reasoning behind the central bank’s decision to cut rates at its second straight meeting as well ...
Some policymakers have expressed caution about lowering rates further, while President Donald Trump and his recent appointee ...
Fed Chair Jerome Powell announced the Fed is cutting the overnight lending rate by a quarter of a point, bringing the ...