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Powell Says ‘We Don’t Have a Pre-Set Course’ on Rates
Welcome to our TOPLive blog on the Federal Open Market Committee’s interest-rate decision. Join us starting at 1:45 p.m. New York time, 15 minutes before the statement is released, for news, analysis and market reaction. Federal Reserve Chair Jerome Powell is scheduled to hold a news conference at 2:30 p.m.
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Powell didn’t just refuse to deliver a rate cut—he also hinted a raise could have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
The Fed holds rates steady at 4.25%–4.50%, emphasizing inflation risks and labor market strength. Click for more on the ...
Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity ...
President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its ...
The Fed kept monetary policy unchanged at the end of the July FOMC meeting, keeping the federal funds rate range of 4.25-4.50 ...
The S&P 500 hasn't moved more than 1% in a single day for more than a month. With major news out today, is this the day we ...
Jerome Powell has been Trump’s No. 1 target as the president demands lower interest rates, but other policymakers are also ...
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