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The Fed once again holds interest rates steady — with cuts expected later this year
INSIDER via Yahoo News· 2 hours agoFederal Reserve Bank Chair Jerome Powell holds a news conference at the bank's William McChesney...
Fed holds key interest rate and warns on inflation
BBC via Yahoo Finance· 22 minutes agoThe Fed's moves are being closely watched around the world where many central banks, including the Bank of England, have also had a prolonged period of...
Fed meeting live updates: Central bank keeps rates steady, notes ‘lack of further progress’ on...
CNBC· 3 hours agoFederal Reserve Chair Jerome Powell likely will not provide too many particulars on when the first...
A ‘Meaningful’ Increase in Unemployment Would Be Needed for a Rate Cut, Powell Says
The Wall Street Journal· 54 minutes agoPowell suggested the unemployment rate, which is currently sitting at 3.8%, would have to rise by more than 0.2 percentage point to shift the central bank
US not suffering from ‘stagflation’, says Fed chairman Jerome Powell
The Telegraph via Yahoo Finance· 2 hours agoMr Powell’s rosier-than-expected assessment of the US economy will raise hopes that interest rates...
Stocks Rise. Dow Up 200 Points.
Barrons.com· 46 minutes agoStocks rallied and yields dropped after Federal Reserve Chair Jerome Powell said he believed monetary policy was restrictive enough to push inflation...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
Houston Chronicle· 21 minutes agoThe Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent...
Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears
Bloomberg via Yahoo Finance· 28 minutes ago(Bloomberg) -- Credit traders took some comfort in Federal Reserve Chair Jerome Powell’s assurances...
The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says
Business Insider· 28 minutes agoWhile Fed Chair Jerome Powell said interest rate hikes are "unlikely," he needs more confidence in...
The US Fed keeps interest rates steady
Semafor via Yahoo Finance· 1 hour agoAt the start of the year, analysts projected the Fed would make six rate cuts this year, but inflation has remained stubbornly above the bank’s 2%...