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Federal Reserve Chair Jerome Powell, in response to a question at his press conference Wednesday, said it's possible to imagine scenarios in which it would be appropriate for the central bank to cut ...
The Federal Reserve's policy statement Wednesday shows "very neat work for an outfit trying to avoid touching the third rail of Trumpian politics," said Chris Low, chief economist at FHN Financial, in ...
The Fed remains in a “holding pattern” amid uncertainty surrounding the impact of tariffs on the economy, with “the odds skewed towards” keeping interest rates at the current level at its June policy ...
Even if President Trump walks back some of his tariffs, an environment of higher inflation and higher unemployment has already been "baked into the cake," said Scott Anderson, BMO's chief U.S.
Gold prices climbed back above $3,400 an ounce Wednesday afternoon, after ending the regular trading session with a loss, after the Federal Open Market Committee said it "basically sees higher risks ...
It seems the Federal Reserve's interest-rate decision is not the only factor moving the stock market Wednesday afternoon. Just moments before the Fed's announcement, President Donald Trump said he is ...
Futures traders still expect the Federal Reserve will cut interest rates three times in 2025 following the release of the central bank's latest policy statement. According to CME Group, futures tied ...
There was little surprising in the Federal Reserve's policy statement, which noted that uncertainty about the outlook "increased further" and that stagflation risks — higher inflation and higher ...
The Ethereum blockchain successfully completed its long-awaited Pectra upgrade on Wednesday, its biggest overhaul since 2022 ...
President Donald Trump said Wednesday he's not going to cut tariffs on China to get Beijing to come to the negotiating table, as top officials from the two countries prepare to meet this weekend.
Treasury yields were falling after the Federal Reserve announced that it decided to hold its benchmark rate steady. The yield on the 10-year Treasury note was down about four basis points at around 4.
Bitcoin remained higher after the Federal Reserve held its key interest rate steady at a target range of 4.25% to 4.50% on Wednesday. The largest cryptocurrency was up 1.8% Wednesday afternoon to ...
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