Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
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The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
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Do This With Your Money Now to Take Advantage of the Fed's Rate Pause
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the ...
Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
The chair of the US Fed Board’s payments subcommittee, Christopher Waller, says he supports regulated stablecoins to help ...
Fed nears QT crossroads as 'excess liquidity' evaporates
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Column-Fed Nears QT Crossroads as 'Excess Liquidity' Evaporates: McGeever
That may be true, but once there is no excess liquidity sloshing around the system, liquidity drained by QT will have to come ...
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Fed agencies ending $8M Politico contracts after Elon Musk calls them ‘wasteful’ use of taxpayer money
The Tesla CEO warned that media outlets that take government subscriptions would ‘experience a mysterious drop in revenue.’ ...
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Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...