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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
CBS News on MSN1d
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...
Fed's Powell says he will not quit even if asked by Trump
Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump ...
Stocks rally again. Dow and S&P 500 see best week this year after big Republican win
S&P 500 tops 44,000 and Dow rise above 6,000 for first time after Republicans win big in the election, Fed trims rates and ...
Asian shares open higher but end mixed after US interest rate cut
Asian shares opened higher but ended Friday mixed after the Federal Reserve cut interest rates again to ease pressure on the ...
Fed's Kashkari: Both political parties want inflation lower
WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash ...