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The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.
Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.
The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...
President Donald Trump has for months sought interest-rate cuts in spite of tariff-driven inflation, only to be met with ...
Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying ...
In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting ...
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks ...
Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...
The parent company of Bravo! Italian Kitchen and Brio Italian Grille filed for Chapter 11 bankruptcy protection amid ...