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Federal Reserve Chair Jerome Powell and President Trump met for the first time in the president’s second term and sent mixed ...
The European Central Bank (ECB) has cut its key interest rate for the eighth time in just over a year as it warned about ...
The Federal Reserve left interest ... comes to lowering rates. The Fed does not have direct control over the 10-year yield, which reflects investors’ views on the economy, inflation, the ...
The concern is that an economy damaged by tariffs will force the Fed to cut interest rates to stave off job losses, at the risk of driving inflation ... prices at the same time, putting the ...
The Federal Reserve is likely to keep interest rates ... The Fed prefers to look at the core reading, and its goal is to get inflation down to 2%. Core prices in April also climbed 0.2% over ...
The debate over Florida's state budget continues in Tallahassee, and the Federal Reserve decided to leave interest ... Typically, when inflation rises, the Fed raises rates to slow borrowing ...
over risks of high inflation and unemployment rates prompted by economic uncertainties. “Our Open Market Committee decided to leave our policy interest rate unchanged, the risks of higher ...
But Powell also suggested last month that all things equal, the Fed’s “obligation is to keep longer-term inflation expectations anchored to make certain that a one time increase in the price ...
Last month, Powell raised the possibility that Trump's tariffs may cause what economists call "stagflation," which is when inflation rises and the economy slows. If the Fed raises interest rates ...