Fed Chair Jerome Powell signals path to rate cuts
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Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary of anyone’s certainty past then.
Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and would continue to do so over the coming months.
Another contested meeting would mark further deviation from the Fed's traditional consensus-driven, decision-making process.
Fed Chair Powell hints at possible rate cuts in September, signaling a policy shift. Click here to read what investors need to know.
Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework more oriented toward traditional efforts of promoting price stability, supplanting what had been a troubled effort that biased central bank policy toward its job mandate over its inflation target.