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Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...
At the moment, Powell said, there’s too much uncertainty ... “The combination of the two-sided risk assessment and the ...
The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower ...
Both companies were down roughly -7% on the session. The S&P 500 was down -1% as Powell took the stage at the Economic Club of Chicago today, and -2% when he left. He spoke on just about all ...
Despite repeated pressures from U.S. President Donald Trump to reduce interest rates, the Federal Reserve is unlikely to ...
Watch Powell’s remarks in our player ... “The combination of the two-sided risk assessment and the characterization of the economy as solid suggest the Committee is not looking to tee up ...
“The same is likely to be true of the economic effects ... The Wall Street Journal board agreed with Powell’s assessment but wasn’t surprised Trump lashed out against him.
“Despite heightened uncertainty and downside risks, the U.S. economy is still in a solid position,” Powell said in remarks ... we will continue to update our assessment,” particularly ...