Federal Reserve Chair JeromePowell has steered the world’s most powerful centralbank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly ...
Federal Reserve Chair JeromePowell discussed the centralbank’s decision Wednesday to cut the benchmark federal-funds rate to a range between 4.25% and 4.5%, a two-year low, after the Fed cut ...
The centralbank revised its outlook for rate cuts in 2025, however, indicating that there will be two reductions. That's down from the four forecast in September. Fed Chair JeromePowell said ...