Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
The Fed’s cut was ‘more hawkish than anticipated,’ Moody’s Zandi says — and warns it won’t be enough
Federal Reserve policymakers delivered a quarter-point interest-rate cut this week, but leading economist Mark Zandi warns the move…
Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says
Powell noted that while labor markets remain in balance, it is a “curious kind of balance that results…