Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...
But Fed Chair Jerome Powell also cautioned that further rate cuts weren’t guaranteed, citing the government shutdown’s ...
The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.
Chair Jerome Powell injected new doubt by highlighting a “growing chorus” of officials who are wary about further reductions.
After the US Federal Reserve announced another interest rate cut, one economist said that President Donald Trump's "reckless ...