Economy News Powell Misreads What’s Powering U S Economy, Former Fed Official Says
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WATCH: Powell holds news briefing after Fed decision to cut interest rates
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Watch ... Read More
Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates
The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him. By Colby Smith Colby Smith covers the Federal ... Read More
Former Fed economist warns further rate cuts could hint at deeper economic trouble in US
The Federal Reserve lowered interest rates again for the third time in a row, at its final meeting of the year. Chair Jerome Powell cited the weakening job market as the reason for the 25 basis point ... Read More
Former Fed Economist Warns More Rate Cuts Might Signal Trouble, Says This Could Be Powell's 'Last Cut'
Claudia Sahm, a former economist at the Federal Reserve, has issued a stark warning about the potential consequences of the Fed’s future rate cuts. Sahm, a prominent figure in the financial world, ... Read More
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