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The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June if rising fears of an ...
Bets on emergency rate cut rise as fears of recession and stock market crashes prompt central bank action. Odds of 2 cuts spike to 10%.
Trump has signaled he's OK with the decline in stocks for now, comparing the historic crash to taking "medicine to fix ...
In the leadup to President Donald Trump’s “Liberation Day” on Wednesday — when he announced sweeping new tariffs on all the ...
For more audio journalism and storytelling, download New York Times Audio, a new iOS app available for news subscribers. transcript This transcript was created using speech recognition software.
Several leveraged single-stock exchange-traded funds that gained attention during last year’s equity rally have seen sharp declines in recent weeks, raising concerns about investor understanding ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off ...
Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...
WASHINGTON – To the dismay of President Donald Trump, the Federal Reserve Board left its benchmark interest rate unchanged Wednesday, prompting Trump to turn up the pressure on Truth Social.
Following the Fed Reserve's Wednesday decision to keep interest rates steady, US President Donald Trump urged it to take an axe to rates instead. "The Fed would be MUCH better off CUTTING RATES as ...