The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Federal Reserve Chair Jerome Powell has over the years steadfastly defended the central bank's independence. Most recently, he underlined at a New York Times event in December that insulating the ...
A vintage 1967 Mack C95FD fire truck is auctioned to support the 493 Firefighter Foundation ... with only 20 miles added by the current owner since its acquisition in 2024. Offered at no reserve, the ...
The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks. 8 Federal funds target rate 6 No change 4 The Federal Reserve ... at a New York Times event ...
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...
Congress amended the Federal Reserve Act in 1977 to include additional reforms, such as requiring the Fed chair to report to Congress twice a year to testify on the central bank’s activity.
Powell said the Fed would be carefully watching the Trump administration’s new ... Reserve is to keep prices stable. This means not letting prices rise or fall too quickly,” the Federal ...
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