Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's victory last week. Economists think that Trump's proposals during the campaign,
As backlash to corporate DEI efforts reaches a fever pitch, one advocate says its success is critical to the U.S. economy ...
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IMF’s Gita Gopinath understands why U.S. voters were unhappy with the economy: ‘It’s not surprising the way people feel’South Dakota Gov. Kristi Noem will be secretary of the Department of Homeland Security, 23andMe cuts 40% of its workforce, ...
Immigrants make up a significant portion of the construction labor force and deporting them would have devastating ...
Employment in the healthcare and government sectors, typically bright spots for the economy, continued to rise in October .
Let’s not sugarcoat things. The outcome of the 2024 U.S. presidential election represents a setback for climate action. The ...
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a ...
President-elect Trump has promoted tax cuts, tariffs, deregulation and deportations as key pillars of his blueprint for the U ...
The editorial “The return of Donald Trump” (Nov. 7) paints a dark picture of America and our democratic process. It starts ...
A Republican sweep in the U.S. elections puts rating agency Morningstar DBRS “more on alert” regarding the country’s fiscal ...
Fiscal policy is based on the theories of British economist John Maynard Keynes. Also known as Keynesian economics, this ...
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
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