Mortgage rates are climbing for the second week in a row, even after the Federal Reserve’s first rate cut in nearly a year — ...
Oxford Economics chief U.S. economist Ryan Sweet estimates that even a partial shutdown reduces GDP growth by 0.1-0.2 ...
With key economic data releases stalled, the shutdown complicates the Fed’s next rate-cut decision amid high inflation and a softening labor market.
If the shutdown is short-lived, it won’t be very disruptive. But if the release of economic data is delayed for several weeks ...
On Sept. 23, Powell gave a speech in Rhode Island where he fielded questions about the stock market and how the Fed's Board of Governors account for equity valuations in monetary policy. Though the ...
A government shutdown typically risks only modest damage for the U.S. economy, stemming mainly from furloughed public workers ...
Eight times a year, the Federal Open Market Committee (FOMC) of the Federal Reserve meets to assess the economy and determine whether it should adjust the federal funds rate. That may not sound like ...
While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities ...
As expected, the Federal Reserve cut its policy rate on Sept. 17 by a quarter of a percentage point. Officials had signaled ...
Chair Jerome Powell avoided weighing in on White House policy, but flagged a tricky balance: upside risks to inflation and downside risks to employment at the same time – leaving little room for error ...
During his presidency, Trump has frequently clashed with Powell, whom he appointed as Fed chair in 2018. Trump has criticized ...
President Donald Trump on Saturday uploaded a cartoon of himself firing Federal Reserve Chair Jerome Powell, with no other ...