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Fed minutes: Most officials supported further rate cuts as worries about jobs rose
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed. Read More
Takeaways: If you’re confused about what’s next for the US economy, so is the Fed
The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More
Fed minutes confirm that Powell and board plan to cut rates 2 more times this year
According to minutes released Wednesday, the Federal Reserve will push ahead with two more interest rate cuts before the year ends, with Jerome Powell and the board almost entirely united on the ... Read More
Powell showed he’s still ‘firmly in control’ after White House adviser Miran’s first FOMC meeting, former Fed official says
Jerome Powell’s first meeting with Stephen Miran produced an unexpectedly broad majority to lower rates by a quarter point, a sign of the Fed chairman’s ability to build a consensus. Before ... Read More
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