Chairman Powell says no paths are “risk-free,” and that the correct move is “not incredibly obvious.” The Federal Reserve lowered interest rates by a quarter of a percentage…
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President Trump Visits Federal Reserve HQ
The president went to tour the renovated site, which has experienced budget and deadline overruns. President Donald Trump visited the Federal Reserve on Thursday, the first time a…
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U.S. Jobs Market Exceeded Projections in June
Over 30,000 more jobs than estimated were added to the economy and unemployment dropped .1 percent. The Labor Department’s Bureau of Labor Statistics released employment numbers for June…
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Federal Reserve Holds Interest Rates Steady
Chairman says panel needs to “wait to learn more” about economy direction. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will continue to hold its…
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President and Federal Reserve Chair Discuss Interest Rates and Economy
President Trump advocated for the central bank to reduce interest rates now that inflation has stopped. President Donald Trump and Federal Reserve Chair Jerome Powell met in person…
Read MoreFederal Reserve Leaves Interest Rates Unchanged
Chair says that inflation and unemployment risk have risen, but more observation is needed. The Federal Reserve decided to keep interest rates at a range of 4.25 percent…
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Federal Reserve Holds Interest Rates at 4.25 to 4.5 Percent Range
Chairman Powell holds steady as President Trump calls for steeper cuts. The Federal Reserve chose to hold banking interest rates steady at a range of 4.25 to 4.5…
Read MoreFederal Reserve Cuts Interest Rates
It is the second consecutive rate cut since inflation has begun to flatten. The Federal Reserve met for its final meeting of 2024, opting to reduce banking interest…
Read MoreFederal Reserve Board Cuts Prime Rate 50 Basis Points
The central bank was motivated by the change in the employment rate, among other factors. The Federal Reserve cut interest rates by half a point on Wednesday, an…
Read MoreFederal Reserve Informally Agrees on Interest Rate Cuts
Members point to an unexpected decrease in inflation rates. Federal Reserve members expressed the intent to lower interest rates at the upcoming meeting on September 17 and 18.…
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