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Search results for: "Federal Reserve". 16 articles found.
Sen. Elizabeth Warren (D-Mass.) said Thursday that of the top contenders to replace Jerome Powell as Federal Reserve chair, she is most concerned with National Economic Council Director Kevin Hassett. "I am most worried about Kevin Hassett. He has made clear that he will do whatever the president wants done," Warren said on CNBC....
In the decades before 1951, the Federal Reserve functioned, to a large extent, as an adjunct of the Treasury and the White House.
Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.
Financial Times - 8 hours 53 min agoAlso in today's newsletter, the US raises pressure on Nicol s Maduro's regime in Venezuela...
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The Federal Reserve on Wednesday cut interest rates by a quarter point with Fed Chair Jerome Powell suggesting the economy is improving, but acknowledging more challenges ahead. The third cut of the 2025 sent stocks rallying on Wall Street as concerns grow among consumers over the state of the economy. NBC's Christine Romans reports for TODAY.
NPR - 10 hours 38 min agoThe Senate is expected to vote on two opposing health care proposals today. And, the Trump administration says it has seized an oil tanker off the coast of Venezuela in its latest move in the region.
The Federal Reserve is facing a time of little consensus, with policymakers at odds over whether to continue cutting interest rates.
NPR - 13 hours 10 min agoThe Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.
NPR - 13 hours 10 min agoNPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.
It ended up being a "hawkish cut" by the U.S. Federal Reserve, as expected. Still, investors managed to find a few gifts tucked between the lumps of coal.
European stocks are expected to open flat to lower on Thursday as investors digest the U.S. Federal reserve's rate cut and commentary.
ABC News - 16 hours 55 min agoAsian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve's cut in its main interest rate...
National Economic Council Director Kevin Hassett on Wednesday said the Federal Reserve has "been way behind" on cutting interest rates before its narrow vote later in the day. "Well I think the futures markets expect that the Fed is going to cut rates, a kind of small amount of a quarter of a percent," Hassett...
It ended up being a "hawkish cut" by the U.S. Federal Reserve, as expected. Still, investors managed to find a few gifts tucked between the lumps of coal.
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