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There are 19 members of the Fed’s interest-rate setting committee, 12 of whom vote on rate decisions. One of them, Beth ...
A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower growth, European Central Bank President Christine Lagarde said Saturday ...
Wall Street on Friday notched its best day since late May, sparked by Federal Reserve interest rate cut expectations. Fed ...
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...
Powell's Jackson Hole speech hinted at a September rate cut, but labor concerns and data show high uncertainty. Read why ...
Powell struck a neutral tone at Jackson Hole, but sticky inflation and market dynamics suggest long-term yields may rise.
The European Central Bank is likely to keep interest rates on hold next month but discussions about further cuts may well ...
Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.
U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by ...
On Wall Street, stocks of smaller companies led the way. They can benefit more from lower interest rates because of their ...
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