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Have we seen Powell’s last rate cut as US Federal Reserve chair?
US Federal Reserve (Fed) chair Jerome Powell made it clear last Wednesday that the resilient US labour market is currently the primary determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year.
President Donald Trump said Sunday evening that he will soon announce a nominee to fill a new vacancy on the Federal ...
One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an ...
2don MSN
Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
The Federal Reserve's monetary policy committee is expected to leave interest rates unchanged again Wednesday amid reports of ...
The Federal Open Market Committee (FOMC) is expected to release a decision on interest rates this afternoon. This comes as concerns about the Fed’s impending interest rate hike have spooked the ...
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The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
2don MSN
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
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