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Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
The likelihood of a Fed rate cut drops below 5%, impacting crypto markets while Bitcoin may benefit from rising debt and inflation.
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street ...
June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
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