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It’s possible that the disappointing numbers are growing pains, or they may be a preview of more disruption to come.
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell ...
Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
WASHINGTON (AP) — The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing ...
Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...