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The Fed hasn’t lowered interest rates at all this year: Central bankers broadly expect Trump’s tariffs to have some effect on ...
Powell was asked if he believes the Federal Reserve would have lowered interest rates if Trump hadn't announced his "Liberation Day" tariffs in April.
Starting at 4:30 p.m., the 22 large banks that were stress-tested by the Fed can release information about their plans for ...
Interest rates would have been cut, if not for Trump’s tariffs, Fed chair says - Trump has pressured Powell and the Fed to ...
Federal Reserve Chair Jerome Powell defended the central bank's decision to not cut interest rates so far this year and said it would have already cut rates if not for tariffs.
Bank of America ( NYSE: BAC) is planning to boost its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 ...
The U.S. dollar index is back below 97.0 and trading at its lowest level since early 2022, as concerns about Federal Reserve independence continue to weigh on the currency. President Donald Trump want ...
U.S. stocks are mixed, with the Dow jumping 400 points after Senate narrowly passes tax bill. Tesla shares sink on Trump ...
The credit union will no longer have to refund servicemen and women for illegally charging them overdraft fees.
Supreme Court Correspondent Maureen Groppe discusses the court's move to hear a GOP challenge to a campaign spending limit ...
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Nonfarm payrolls for June, and ISM purchasing managers indexes for manufacturing and services, will give insights into U.S.
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