Powell Isn't Taking a July Rate Cut Off the Table for Fed
Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.
Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.
Trump's team is no longer aiming for big trade deals with many countries, according to a report in the Financial Times.
U.S. President Donald Trump wrote Fed Chair Jerome Powell urging him to lower interest rates.
Trump said he doesn’t think he’ll need to extend the July 9 trade deadline he has imposed on countries to secure deals to avoid higher tariffs.
Pieces of Trump's "big, beautiful bill" have been reshaped over past week. Edits appear to have one thing in common: Upward pressure on bill's price.
US global banks can expect much as $6Tn in additional balance sheet capacity and billions in freed up capital under Fed plan to relax leverage rule.
There is now a short list of people who could succeed Jerome Powell as the next Federal Reserve chair, each with their own pros and cons.