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Without a deal with the U.S., the EU said it was prepared to retaliate with tariffs on hundreds of American products.
The world economy, beset with uncertainty for three months over Donald Trump’s on-again-off-again tariffs, is about to get ...
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
“Rates typically move higher if job openings are higher than expected, all else equal,” wrote Matthew Graham, chief operating ...
Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
U.S. banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve's ...
Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, ...
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...