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Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on ...